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Hi BP,
I'm at a point in my career where I'm about ready to reset and make a hard switch. Right now, I am in a very favorable position as far as income is concerned with virtually zero debt. I've been placing down of...
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I sold a house with owner financing. Buyer put a down payment.I am carrying a note for the balance which buyer is making monthly payments. How would you record the journal entries for this type of transaction in cas...
How do you record cash contribution to a company in quickbooks when you are transferring funds from personal bank account to a business account? Do you still use "make deposits" and leave the payment method blank, or ...
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Hi,I have a bad tenant who was behind the rental payment for paying her share of rent while on being on section 8 with Houston Housing Authority. Also the tenant is in violation of not paying full security deposit and...
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Hey everyone,I am a college student in a town with a university of about 25k students. I started college this past August and signed a lease through this upcoming July. However, the owner of the “condo” (basically a 4...
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Realize most of the Chicago BP investors are keeping up with the news but just in case here's a recent announcement made by the Mayor's office working with the major banks in the area to provide relief to landlord mor...
Conducting tenant reference checks is crucial for ensuring you find high-quality tenants who respect your property and pay rent on time.
A high-quality tenant typically has a stable income, good credit history, ...
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Hello everyone,I could use some advice regarding my situation.
I have two tenants whose leases are set to end in two days. One of them has just expressed a desire to stay until November 1st and is willing to forfeit...
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Before I jump into becoming a landlord I would like to know a little more about the pros and cons of having tenants sign a lease versus doing a tenant at will. The reason I ask is that I keep hearing how Landlords bas...
We have a rental property located a good 40 minutes from us, out in the sticks. Our tenant has been with us for many years, but has managed to miss well over a year's worth of rent payments over time, and is yet again...