Mary Jay
A tenant threatens to sue if I do return her security deposit
HI guys,I have an out of state property that Ive been renting out for one year.I asked the tenant to move out, when she moved out, there was lots of trash, some weird stuff on the walls, broke cabinets, smell of marij...
Tricia O'Brien
PM gave tenant 10 day notice then terminated management contract
Hello BP folks! I'd like advice as to what my top priority should be in the next 7 days with this problem. I'm an OOS investor with a rental SFR in Indiana. 1) The property manager did an inspection at my request Apr...
Jon Fed
Tenant wanting to pay-up after 3-day notice
I am in CA. I served my tenant a 3-day notice and am quite sure he will not have the $$$ to pay in 3 days. My next step would be to get a lawyer and start the eviction process? Being in CA, I know this will take...
Jeff Piscioniere
Structuring a partnership investment using a 401(k) loan
My next investment purchase will use a 401(k) loan from myself or my wife’s account. I want to structure it in a way so that we are paid back so that the loan balance can be reduced quickly. The point of this is to s...
Sameerah Baker
Unauthorized (?) Storage
My tenant has a boat in the yard. This is a single family residence. It has a smallish driveway (1.5 cars deep) and smallish yard. The boat (which is not covered) is at the far back of the driveway but since the yard ...
Tevin Jones
Newbie from Columbus, Ohio
My names is Tevin Jones. Im 21 years of age. I was born and raised in Toledo, Ohio and moved to Columbus, Ohio two years ago. Im working toward getting my Bachelor's degree in Economics with a minor in Finance.Im a fe...
John Perry
Opportunity Zone LLC Structure
I am struggling with the structure for an opportunity zone fund so want to get your thoughts on this structure. I have personal funds that I will invest in an opportunity zone fund. I also have a parcel under co...
Lindsay Bowman
Renting permitted addition that is not ADU
My offer just got accepted on a 3 unit place. After looking closer I realize there’s only 2 addresses and Redfin has it listed as a single family. Im told all units are permitted and the “unit” that doesn’t have an ad...
James Barnhart
What would you do in this situation?
My wife and I have been looking at various properties for BRRR, or buy and hold. We get a lot of emails from a big company that wholesales 5 or 6 properties a week, they say. They have their own lawyers, title co, r...
David Drew
Should I have my LLC taxed as an S-Corp?
I've created an LLC in Broome County, New York. It's time to decide whether to leave it as pass-through taxable or choose to have it taxed as an S-Corp. My plan is to use the entity to hold my buy & hold propert...