Joseph Weisenbloom
How do you pay your contractors?
11 November 2017 | 13 replies
However, since I am not a member of the HVAC industry, I can judge the quality of an installation by looks alone(neat finished product and clean work area after completion).
Eric Lewis
buying foreclosed property with owners still living there
12 November 2017 | 2 replies
However, you will have to have lawyers, judges and the town sheriff involved to finally get them out if they resist.
Lakshay G.
Collecting Rent on LLC Name or not
22 November 2017 | 27 replies
The judge magistrate is not going to give you credit for having the lease in your own name.Technically, you might not even have the RIGHT to issue a lease in your own name, if the property is owned by an LLC.I honestly think too many real estate investors attribute magical powers to LLCs.
Jason Mak
Additional damages discovered after moveout statement was sent
13 November 2017 | 1 reply
Also check your state law, some states require you to send statements declaring damages within a certain time period.
Michelle Hart
Nonpaying Tenant Without A Lease in Texas
13 November 2017 | 5 replies
He's been a huge thorn in our side, threatening to file for guardianship over her and/or try to have her declared incapacitated if we don't let him stay in the house.
Ben S.
Need to Evict my tenant
14 November 2017 | 2 replies
You could challenge that they broke their lease and they don't live there, but all they would need to do is show up in court and say.... no Judge I live there.I agree with @David G probably would be best to have an eviction attorney take a look at your lease and see what can be done. i use these guys landlordeviction.net ask for David
Sarah Humbargar
1031 a rental house or move to qualify for 2-5 exclusion?
20 January 2018 | 4 replies
Do you declare that income?
Levi T.
Tenant vacates early, get judgement?
29 January 2018 | 9 replies
It's so much, that we see at least 1 per month out of 100 units, so I have instructed her she will take everyone or anyone to court for vacating early in an attempt to try and help her put her foot down, and control the issue.She followed the process and took a few people to court, and at least one of the cases that I am currently aware of was dismissed by the judge on the bases the tenant moved out.
Stuart M.
Why is cash flow important to many here?
3 January 2018 | 62 replies
Really, anyone can do it if you apply more than some adherent cash flow now calculations.I even think that there are some guru classes that seem to even ask their students to look for City Planning Developments, etc. so that they can buy ahead of it.When House #2 is only analyzed on a Cash Flow basis and you ignore all other aspects of what makes a property valuable in the future, it's more like judging a book by it's cover.
Gordon Starr
My first 1031 exchange - has anyone tried including rehab costs?
1 January 2018 | 3 replies
In a ballpark figure, how much income would I be declaring from the sale if I do that?