Tim Daniels
Private lending LLC denied banking accounts - options?
Hi all - I’m starting up a lending business, all was going fairly well until I was told by all the banks in my area that they “are unable to establish a bank account for anything that is financially related.” Have al...
Jake Ferguson
Couple eviction when one has already moved out?
So here's a quick synopsis of what happened here. Boyfriend/Girlfriend signed a lease in March. Broke up in July. Boyfriend says he "moved out", but kept his things there and kept paying rent. He recently moved his th...
Daniel Suarez
Join Venture with foreign nationals and 1031 exchange
Hi All, I have a multi-family under an LLC with my partner that we plan to sell and 1031 exchange for another bigger multifamily. The other LLC is much more expensive and we plan to join forces with another foreign na...
David Quinn
Pet rent, deposit, fees, etc - whats legal in Mass?
Hi, I have a 4 plex in Marlborough. I have a rule against pets but 2 of my longer term tenants have cats (without asking permission). I've let it slide for a while - I know I should have addressed it right away. I...
Kunal Lakhwani
How to opt-out of 4D affordable housing program in Minneapolis?
I am currently under contract on a property that is enrolled in 4D affordable housing program. The current owner stopped complying recently.As the buyer and future owner, I would like to opt out of the program. Is the...
Ken Austin
Self-Directed IRA: Operating Agreement
I'm in the process of establishing an SDIRA, which will hold 100% of the member interests of a to-be-formed LLC. Does anyone have a sample "IRA LLC" operating agreement (or web link to an op agreement) which you woul...
Kathy Kifer
Notice of Termination
How many days do you indicate on your leases for Notice of Termination for the 1 month to under a year leases?I use 45 days on my 12 month leases, but of course that doesn't make sense if you have a 1 or 2 month lease...
Scott Lewis
Proposed Housing Code Changes in Wilmington, DE
Fellow BP Members,Recently, there were four community meetings to discuss proposed housing code legislation in WIlmington, DE. Unfortunately, I was not able to attend, but am wondering if any of you were and what sort...
Mary Jay
Schizophrenia vs a puppy
Hi guys,I need your advice:I have a small rental and having a hard time to decide who to pick:1) First tenant has schizophrenia but his sister always pays on time (the reason I know it is because he is renting a basem...
John Underwood
Corporate transparency act blocked nationwide
Procrastination can pay off. This was on my to do list.See article below:Corporate Transparency Act Blocked Nationwide by Texas Court