Tenant Not Paying Rent? 3 Ways to Get Your Property Back

Описание: Tenant not paying rent? Debating whether a year-long, six-month, or month-to-month lease is best? Don’t know how to estimate rent for a new unit? On this week’s Rookie Reply, we’re tackling some of the most troublesome yet common questions that rookie real estate investors have. We’ll be going deep into property management, tenant screening, and what to do when a tenant stops paying. So fret not when investing; there’s always a way to make a win-win!

This time around, we’re joined by Alexandra Burnham, live for Phoenix! Alexandra is like many real estate investors, except for one big difference. Alexandra and her partner share over $750,000 of student debt! Talk about a hole in your pocket! But, instead of letting the naysayers convince her that she can’t invest with her debt, Alexandra has flipped the situation on its head, buying five rental properties and tackling her debt faster thanks to multiple income streams. Stick around for her full story and the phenomenal advice she gives to get your property locked up and leased!

If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).

00:00 Intro
03:12 Paying Off $750K of Debt!
07:41 What is a "Good" Rental Property Return?
09:40 What if a Tenant Stops Paying?
14:14 When to Lower Your Rent
17:05 Should You Sign Month-to-Month Leases?
20:37 How to Estimate Rent
22:18 Connect with Alex!


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Join BiggerPockets for FREE:
https://www.biggerpockets.com/signup?...
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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Find an Investor-Friendly Agent in Your Area:
https://www.biggerpockets.com/agent/m...
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Network with Other Investors on the BiggerPockets Forums:
https://www.biggerpockets.com/forums?...
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Try the BiggerPockets Rent Estimator on Your Next Deal:
https://www.biggerpockets.com/insight...
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Use Attorney-Approved Leases for Your Rental:
https://get.biggerpockets.com/forms/i...
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Are Your Tenants Unable to Pay Rent? Here’s What to Do:
https://www.biggerpockets.com/blog/te...
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Connect with Alex:
Facebook:   / alexandra.sales  
Instagram: @ak_burnham or   / ak_burnham  
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/e...
Tony: https://www.biggerpockets.com/users/t...
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Shoot Ashley and Tony a Question on Instagram!
@wealthfromrentals or   / wealthfromrentals  
@tonyjrobinson or   / tonyjrobinson  

Episode 252

Show notes at: https://www.biggerpockets.com/blog/ro...

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