Tyler Gibson
Am I getting scammed
Hi everyone appreciate any feedback. Here is the situation. I found a wholesale deal that I like. I asked for the representative to send me the contract after an hour or so I got a message saying the lawyer and title ...
Lisa K.
Refunding deposit after eviction
This has never happen before when we won judgement on eviction and then tenants said he got CDC Act housing assistance to pay off the money owed for the judgement. Now he is asking for his deposit since housing will s...
Vinh Nguyen
Should tenant pay first before we send the signed lease?
Hi all!I am new to this landlord thing. I am requesting the tenant to pay the first month rent, last month rent, and the security deposit. My question is do I request the tenant to pay the fees first before I send her...
Mahmudul Shoikot
When to send to collection agency for non- payment of rent and break the lease.
I have a house in Texas and had to move to Michigan temporily for work purpose. I made a wrong decision of renting my house to a known person rather than going professionally with agency. Long story short, my tenant o...
Michael Plaks
EXPLAINED: 1098s and 1099s for private lenders
This is one of those confusing tax issues that does not have a short answer: do I need to send Forms 1099-INT to my private lenders, and do they need to send me Forms 1098?Part 1: Forms 1098 from private lenders to in...
Siva Sivakumar
Renter vacated with rent due
Any suggestions to collect past rent due ?The tenant vacated now.if they don’t pay with regular notice I’m thinking about going thru collections.
Clay Daughtry
Buyer select closing agent
Is anyone using this in your area? We just started this in Alabama last week. Had little training on this but not enough. Do you still send to closing agent to get signed before you send in the contract every time o...
Shaun Reilly
Rental Propety Tax Advantages
Owning rental real estate offers many tax advantages. I don't think anyone that has looked into the strategy for more than 15minutes would be surprised by that.
However it does drive me crazy when pe...
Andrew Jacobson
Wire earnest money before contract is executed
I had an offer "accepted." It is an REO that went into multiple offers and they have accepted my offer. The listing agent asked me to sign their contract documents, which is fine. They have asked me to submit the c...
Natalie Cloutier
Might cover waterbil for all tenants to help with covid-19
Hey guys! We have 12 units and the quarterly water/sewer bill is due this month. The tenants are responsible for that but the city only sends the bill to the owner so we usually send them a copy by email and the tenan...