Neil Holtzhausen
Purchasing rental property with tenants
First time buying rental property with tenants. For due diligence, is it appropriate to ask for records showing current tenants are paying their rent? Does the security deposit go to the new owners at closing, and doe...
Ben M.
Removing online payment after bounced payment
Hello All, is it common for property management companies to block tenants from paying online after they have a bounced payment? Why would they do this? Wouldn’t this just result in tenants even missing more payments ...
Cody Martin
Methods for lease non-renewal?
First post and need some advice. I have a tenant who has NEVER answered her phone, nor the door when I go to the residence to deal with the HOA complaints for her mismanagement of the grounds. Her only means of comm...
Quincy Baker
1031 Exchange Question
I’m trying to understand the basics of 1031 Exchange.Q: 1. The benefit is that while capital gain taxation is deferred it temporarily frees more money (profits/equity) for re-investing is this the point? 2. Does 103...
Michael Oliver
Question Regarding using lease for funding
Long story short-ish:I have a current mortgage and my DTI is too high, but the thing is an amazing STR. Would do 5k a year easily. Has a flavor for all seasons.But I have to live there. Im trying to move out so it ...
Inga Davis
Rent premium for 6 months lease via 1 year lease
Hello,I was approached by a temporary housing company. My property is currently listed for rent at $1700/month as a long term rental (1 year lease) in Columbus Ohio (43219). The housing company is looking for a 6 mont...
Justin Klein
Medium term rental house rules
Anyone willing to share their template for house rules? I’m new into this space and looking for some rules to put on my coffee table for guests to review during their stay. I’d update as time goes on but a nice starti...
Patrick J.
Do you have to issue a W2 to a child employee?
Do you have to issue a w2 to a child employee that makes under $12,000??
Jared Baker
Giving Notice to Vacate
Quick question here BP. I'm closing on a triplex July 29th and I am planning on giving the 28-day notice to on of the tenants to get them out so I can fix up the unit. I'll put a notice on their door and sent via ce...
Alison P.
Old Tenant in Jail, I got leased signed by GF. Now he's back...
Hello, I'm new to all of this and in April purchased a mobile home park that was full. I grandfathered in all the tenants and they all signed my lease except for one odd exception. The original tenant of one unit wa...