I’ve been renting successfully my basement for 2 years and since Covid I haven’t received payment since March what can be done to get a tenant out legally ?
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
I'm considering Columbus OH for my next set of rentals. I've heard that properties are affordable, the city is family friendly, the city is growing and is a better choice than many mid west cities when it comes to cri...
I removed my rental from the market on December 21st when my tenant paid her deposit electronically. She was supposed to move in on January 15, 2019. While cleaning the apartment a situation occured of her family me...
I met with a commercial lender today. He could offer a 20 year note, 5.75%, and after 5 years instead of a balloon payment the loan would revert to the 1-year T bill plus 3%.This seems unique. I don't know much abou...
I need to replace several flush mount fixtures in a duplex and I'm curious if anyone is having any luck using integrated LED fixtures without replaceable bulbs in their rentals. There seem to be many available in the ...
In Washington state a buyer made a written offer on property and wants seller financing. After we accepted the offer the buyer refused to have credit, bank or employment checked (red flags). Now buyer is offering to ...
Hi, Fellow BPersI have a question on what strategy is the best on turning a rundown motel we recently purchased and would appreciate your inputs:This is a 20-unit beachfront motel that has been poorly run in the past ...
Yet to run the rental history, but the prospective tenant has acknowledged in my pre-screen check list that he (and his wife) have fallen behind on a rent previously. He says, they did end up paying up the balance. N...
With the recent article claiming 62% of Americans have less than $1000 in savings, how viable is a business that relies on people to pay monthly rents. If for the sake of this question we divide prospective tenants...