Paying Your Mortgage on Your Rental Property.
One of the questions I'm most frequently asked when taking a new property into management is: when will I receive my rent? I know the follow up sentence to that is usually, "because our mortgage payment is due no later than the 15th, and we want to make sure we can make that." This is a HUGE red flag for me as a manager. As a home owner with a mortgage, you alone (well, you and your co-borrower, if applicable) are responsible for your mortgage payment. I cannot tell you ho