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).In This Episode We CoverPaying off massive student loans thanks to real estate investingWhat to do when a tenant stops paying rent (and the options you have)Whether or not to lower your rent price when a unit is sitting vacantWhy even high-earners MUST have a side-income stream to stop constant burnoutSix-month vs. month-to-month leases and why flexibility can be favorable for landlordsWhat is a healthy ROI (return on investment) for a short-term rental property?And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentAshley's InstagramTony's InstagramBiggerPocketsReal Estate Rookie Facebook GroupThe Real Estate PodcastBiggerPockets ForumsBiggerPockets Rent EstimatorBiggerPockets Lease Agreement PackagesConnect with Alexandra:Alexandra's InstagramAlexandra's FacebookCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-252Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.