![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3065937/small_1719959009-avatar-scottm1047.jpg?twic=v1/output=image&v=2)
31 December 2024 | 13 replies
If you are hiring a legal licensed contractor , he will provide you with a contract .
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/146217/small_1631650391-avatar-jameswise.jpg?twic=v1/output=image&v=2)
22 January 2025 | 203 replies
As you probably know, California includes all foreign immigration - both legal and illegal to boost the numbers.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3162930/small_1735664808-avatar-jeffreye75.jpg?twic=v1/output=image&v=2)
2 January 2025 | 1 reply
I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/493964/small_1695114540-avatar-satyajeetd.jpg?twic=v1/output=image&v=2)
20 December 2024 | 28 replies
Quote from @Bruce Woodruff: Quote from @Stetson Oates: I’m not an attorney so this is not legal advice!!!!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1046237/small_1694722945-avatar-anands10.jpg?twic=v1/output=image&v=2)
3 January 2025 | 3 replies
Doing so ensures compliance with your lease agreement and avoids potential legal disputes down the line.In conclusion, adding your property manager to your insurance policy as an additional insured is a crucial step in protecting yourself and your property manager.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/708608/small_1621495833-avatar-shaunn4.jpg?twic=v1/output=image&v=2)
18 December 2024 | 4 replies
Quote from @Shaun Ng: Hi, I recently have a legal name change, and I own 2 rental properties in Fairfax county, VA.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2542866/small_1694924261-avatar-ivanc133.jpg?twic=v1/output=image&v=2)
1 January 2025 | 6 replies
To protect our rights, we would definitely deliver a formal 5 day notice (Wisconsin Legal Blank), but at the same time indicate that we are looking to collaborate to find a solution.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3164566/small_1735983084-avatar-luism510.jpg?twic=v1/output=image&v=2)
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3059508/small_1719493883-avatar-desmondk17.jpg?twic=v1/output=image&v=2)
1 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2677283/small_1697115133-avatar-joellaura.jpg?twic=v1/output=image&v=2)
2 January 2025 | 30 replies
I love how Airbnb just pay me based on the evidence without going through 6 months legal battle or 3 years of collection hunting.