Johanna Athas
Contracting company threatening to place lien after shoddy work
Hi everyone,I hope I'm posting this in the correct forum. I really have no idea which category this would fall under, but this seemed like the most appropriate one. Here is our situation that I could really use a bi...
Tina Caroll
Would you buy a property if you had to evict an elderly tenant?
Long story very VERY short-My husband and I are interested in purchasing a property for renovation. There is one current tenant who doesn't want to move. He is not rent controlled, is a sibling of the owner selling t...
Rich Hupper
Two flips this year how to avoid self employment tax
HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
Stewart McMillan
Wait, what?! Tenants Violated Lease and Want 2x Security Deposit?
I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...
Jon S.
!! I Need Help With My 1st 3 Day Notice, for Florida Rental.
This isn't what I was hoping to be doing today, but here goes! I have a tenant in a newly renovated detached mother in law suite, well kept, well maintainanced unit, whose rent of $950 is due on the 10th of each month...
Samantha Jee
Heeeelp!! Tenant issues and mold
I'm not a professional landlord but we have a condo in LA that we rented out b/c we moved states due to a job. We've rented for 3 years with zero issues. 7 months ago we rented to a girl named Sandi and another girl n...
Cameron Norfleet
Ethics & Discrimination…. A question of Right vs Right!!
Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...
Todd Powell
Anyone hearing the "therapy animal" workaround for "pets?" I am !
I have owned and operated properties since 2007, and have always had a NO smoking and NO pets policy. As of late, I am getting a lot of requests for needing a "service animal" or "therapy animal". I don't know if this...
Mark Brogan
this is why you do NOT just put houses under contract
I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
Dina Harleth
Calculating capital gains on sale of gifted house?
Hi everyone,
I'm contemplating selling a house that was gifted to me by my father while he was still alive. I'm trying to calculate what I'd net from the sale of the property (to make a comparison between sel...