This is in Missouri. One of my tenants stopped paying rent in October. He then called me in mid-November and said he had moved back home with his parents, and he would no longer need to rent the unit. His lease run...
Hi BP family,Full disclosure: I’m a single 40yr old dentist, have no home, and have $100k to my name (half in an IRA) and make $56,000/yr passively through long term disability income.I enjoyed the freedom of not hav...
I got a judgement about 3 months ago and contacted the debtor about 2 weeks after the judgement to start collecting. I emailed him yesterday and offered to set up payments or to reduce the debt by a certain percen...
Hi folks, I have decent experience renting property but not much in Virginia. I'm looking for a good attorney in Richmond who's primary focus is the residential landlord; someone who's practice is geared more towards...
Hello! My realtor recently told me that it is illegal to use a tenant's security deposit to pay unpaid rent. He says the security deposit is only supposed to be used to pay for damages to the property. Is this true?...
Hi. Do I need to issue 1099s to contractors that did standard renovations over $600? Thanks
I need help understanding this idea that your lender will help you collect on insurance claims if you have a high outstanding loan balance.In this scenario, if you have a high loan balance on a property, and your prop...
Hey BP Fam,
I'm hoping to get some input/guidance here concerning seller financing a piece of land. I am looking to seller finance a .5 acre lot.
Is it necessary to find a someone to service this mortgage. I'm look...
I have been in the rental business for over a year with a PM company in Philadelphia. They have literally stolen thousands of dollars from me, overcharged me hundred of dollars in management fees, refused to disburse ...
Hey everyone! I’m newer to bigger pockets forms but have been listening to the podcasts for about 3 years now. I house hacked my first property and now own another single family investment property. My question is for...