Granville L.
Put a lean on renter - partial payment
So, I went through the eviction process and the judge put a $3000. lean on one of my tenants. We had to put a writ of possession on the home (judge signed it) and we are waiting for the sheriff to call. My wife ran i...
Sean Connolly
Capital Gains on a Subdivide/ Partial Release
Hello All,
Looking for a bit of insight on some future tax issues. I am at the tail end of subdividing my property. I have a duplex, single family home, and a wooded lot ( all on one mortgage), that are now all sep...
Franklin Tirrell
Foreclosing on a Note With Partial Investor
Say that I buy a 30 year note and sell the first 10 years worth of payments as a partial to an investor. The borrower stops paying and I want to start the foreclosure process. Since the investor has partial ownership ...
Jayson Wolfe
Partial seller financing - who gets first lien?
Greetings you fantastic BP people!Quick question about partial seller financing... if you get a seller to do seller financing for ~20% of the purchase price, who gets first lien? The bank or the seller doing ~20% 'sel...
Eric Lilly
Vacancies not destroying investment? Partial Month's Rent?
Hey everyone, Big Noob here. 21 years old and aggressively saving for my first down payment. Just beginning the process of acquiring resources and learning about rental properties. One thing that stuck out to me was v...
Jacky Johnson
Fully covered and partially covered rental units?
Could someone please define these terms and explain the similarities and differences? Thank you.
Jim Adrian
covid related late rent or partial payment
What policy or procedure are you using if your tenant won't be able to make rent due to being affected by covid in this second wave? This winter will be bad.I have a tenant that informed me today Dec rent will be sh...
John Thedford
Potential Borrower Wants HML On Partial Build
Got contacted by BP member wanting a HML on a partial build. My main concern is how to be protected. How do most HML structure these deals? I don't want to put money out and then end up with liens, etc that may be sup...
Robert Clement
Partial payment right before evict them question?
We sent the notice to pay or quit, and we are ready now to start the eviction process, but we just received an email this morning from our tenant saying something like "we can pay some tomorrow and the rest on Friday"...
Lynnette E.
eviction how to stop partial rent payments
I am getting ready to figure out how to evict a tenant for 1. moving in an unapproved girlfriend and for 2, not paying the rent. He has not had any loss due to COVID, same job, same pay, same hours. So he could not...