Emily Mohr
Best way to inform someone they are not qualified to rent your property?
9 January 2025 | 13 replies
If you are using a third-party site to conduct the background checks, sometimes they have the option to send a person, a denial letter, and due to the fair credit act it may be required to send them a notice, informing them that you checked their credit and background so that they have a receipt that it was completed.
Grant Shipman
Do you believe that Co-Living investment is the fastest way to financial freedom?
18 December 2024 | 12 replies
Rent by room / house hacking / co-living should deliver significantly higher cash flow than a traditional rental.
Andy Sabisch
Question on tenant smoking marijuana
8 January 2025 | 9 replies
you can always call or email the tenant in regards to this matter. i personally smoke as well and just would want my tenants happy and not feeling accused as its a big problem with a lot of tenant v landlord situations around the country. you can always say you got a report of the odor of weed and was just verifying the smell with both tenants on the property. you can restate your conditions with smoking. you can always ask if they are legally able to do so as well (meaning medical card). depending on how you want to handle it, if you want to make it a legal warning to the tenant as well, you should write a written letter sent by mail stating you got a report of weed and this is a written warning in case this a problem down the road, you have evidence to show the court if it gets to that matter that this is not your first occurrence. best of luck!
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
Mom wrote a pretty good, assertive letter for her son, but this response obliterates it.
Jesse Valdez
HELP***Week to week tenant eviction
12 January 2025 | 28 replies
That means you must give notice of 30 or 60 days when ending the rental, filing an eviction and other things that have to be done to the letter of the law.
Brandon Morgan
mistake in lease! what to do?
11 January 2025 | 5 replies
I suggest a neutral tone when you send your letter and hope for the best.
Michael Plaks
Crazy technicalities: how the IRS defines your age. Spoiler: it depends.
29 December 2024 | 1 reply
But there is no black and white guidance that I could find.And, in conclusion...1st conclusion: no FICA until the child's 18th birthday.2nd conclusion: tax law is muddy (I would add two capital letters, but it's a family-friendly forum)3rd conclusion: pay your CPA, we have to deal with it daily, and it takes skill
Sanjay Bhagat
Real estate syndication Vs S&P 500 index fund
12 December 2024 | 10 replies
2) What percentage is their track record of delivering what they promise to deliver?
Rick M.
What to do if tenant falls a month behind
25 December 2024 | 12 replies
We also have a firm policy, always enforce late fees and deliver a notice to pay or vacate on the 6th.
Austin Tess
New property questions!
7 December 2024 | 7 replies
Your lender will need you to move in within 60 days.So how do you get the seller to deliver the bad news?