Morrisha Hudgons
Would you rent to this tenant?
I have a condo in Chicago, south loop, that I rent for $2900. The condo is a luxury unit, with floor to ceiling windows, and unobstructed views to lake. My tenant moved out mid July, but the agent began showing it l...
Davido Davido
Neighborhood Cooperates to Rent Abandoned Home. Who Pays Taxes?
In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
Felton Johnson
Parent passed
I know someone that's lives in a house that belong to her mother that just has passed. The amount owed is more then the home is worth. The How does she handle this with the bank, the daughters name is not in the title...
Jerod Ellis
What are the best sites to find the actual owner of a property
DealMachine is a wonderful app. It has created many leads for my wholesaling business. But sometimes it can be inaccurate. Yesterday I am cold calling the numbers under the name that came up for the property. I come a...
Tracy R.
looking for probate advice - state of VA
Any attorneys on here who specialize in probate in Virginia? I am trying to figure out how to buy a SFH property in a small town in SW Virginia, but the probate issues seem to be a tangled mess.The property is unique...
Randall E Collins
Property sale proposal
This post is directed toward professionals who know real estate in and out. I own land and a fairly new mobile home in Henderson Co. Texas. I have stage four COPD and I'm not expected to live much longer. My daughter ...
John Lee
How to transfer a property from s-corp to LLC
I know, I know..holding a rental property in s-corp is generally a bad idea. But it was done this way by my parents.So my family members' s-corp holds a rental property. And after researching for some time, I realiz...
Spenser Harding
Structuring owner finance contract on a 4-plex
Hey BP! I need help structuring this deal and the owner contract. There are some items I don't know how to approach. The seller's situation: She is an elderly woman who's daughter is helping sell. Daughter is POA. Se...
Ivette Espinosa
NEED HELP RENTAL SQUATTER
My tenant passed away in hospital 8/20/21. The condo is for seniors only. The daughter is not a senior. I called the tenant see why rent was late and tenants daughter answered. She informed me tenant died but she did...
Mike K.
Tenant Passing Away w/ 13 months left in a 2 year lease
Good Morning Fellow BPer's!I have a situation that has come up recently with a rental unit that I have and wanted to see what the communities thoughts are. My tenant recently passed away 11 months into a 2 yr lease i...