I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July. I contacted him and he says he mailed his rent check and it has already been deducted from h...
Is there a time period in which a landlord is required to claim late fees? My landlord is telling me I need to pay late fees from four or five months ago. She lives in San Mateo and I live in Sacramento. I'm required ...
BP Fam,So recently i had some tenants who moved out a month before there lease ended and came give me no notice. I found out because the downstairs tenants of mine complained that they heard running water all througho...
We are closing on our first apartment building! (Only 15 units) but it is in a low income area where not all of the tenants have bank accounts. What is the best way to collect rent without driving to the property ever...
I purchased a property with existing tenants. Currently, each of them puts their rent in a dropbox. We changed this method to an online system. All of our tenants have signed up except one, who refuses to use the syst...
I got a very nice thank you card in the mail hand written by a person I meet on BP.we have looked at a couple deals that are all within a few miles of my home/office.I also helped him with what to look out for and how...
Hi all,
My accountant just got back to me about filing my 2013 taxes and he says I need to file 1099s for all the contractors I paid over $600 for over the course of the year.
Is this standard protocol ...
I'm just starting out in wholesailing in Kansas City. Right now I'm building a buyers database. I'm curious though. I work odd hours a lot of times. Is it possible to do deals and not go to the closing? I ask because ...
Hello BP I have been mailing my letters and getting some appointments. I am about to submit an offer to a homeowner. I have a few concerns.....1) He does not plan to use an attorney. If that is the case should I make ...
As PO BOX rates have more than doubled in the last 10 years, I'm trying to setup an additional mailbox for my fourplex building for the purpose of receiving administrative mail to effectively use it like a PO BOX. The...