Bill B.
Nevada threatens to pass Rent cap. SB 426
https://www.ktnv.com/news/bill...
Just another friendly reminder against having rents below market…
I have a family that’s been renting a place from me for 6 years. They are paying $1,450/mo (3 year lease) while I r...
Lincoln Roth
Lending License in Ohio
I am looking to purchase a note that was originated in Ohio. I will be holding this note in my 401k as an investment. Does anyone know if I need a “lending license” for such a transaction in Ohio? I do not plan on br...
Wade Garrett
Tenant Being Evicted for Nonpayment
I am in the process of evicting a tenant. This one is going to go to court, and it is as clear as day that she hasn't paid rent and I am likely to win. My question is, what are the consequences for her post-eviction? ...
Travis C.
Texas SFR Portfolio Sale to Investorw/ Tenants
The market is gangbusters in San Antonio and I am thinking about selling my whole portfolio of turnkey properties (SFH's) with tenants to one investor and sail into the sunset at this point.However, and I probably nee...
Nat C.
Rent from tenants for property which sold
I closed on a property at the end of April and the tenants had not paid rent for the month.The property has now changed ownership and the PM shrugged his shoulders and said 'nothing we can do'.It's $1500, so quite a l...
Joe Smith
What are consequences of not paying HOA dues.
What are consequences of not paying HOA dues. We pay 900 per month HOA due in Dallas, texas, small house, and HOA does nothing at all. We know many neighbours who didn’t pay HOA dues for many months and nothing happen...
Julie Falen
Subject-2 buyer not performing
I sold a property Sub 2 in 2013 on a 5-year balloon. No escrow. Buyer sold the contract to someone else. Balloon was due in 2018. He has not performed, has not paid taxes or insurance so my balance went way up with ...
Nicholas Kitchen
Sell the unit or get cash out equity line?
I'm having a tough time deciding what I should do with my rental unit. I want to take some cash and start investing in multifamily properties.It's a 2/2 Condo in a highly desirable location.Purchase Price: $97kOwe: $6...
Buddy Holmes
Fire Sale of !031 Property
We have a 1031 EX SFR which had a major fire last month. Rather than go through the extended process of rebuilding we have sold it to a (BP) Flipper. Not closed yet.
The property was obtained in a 1031 Exchange ~46...
Logan Ellingson
Looking for a new tax guy!
I only have one property at the moment and the guy we used for taxes last year was the tax guy in my home town...not a real estate specialist. So after 2 calls with the IRS, he did pay all fees but I am looking for so...