Paula Wahlert
Tenant vacates owing back rent, and with 3 months on lease.
After 2 years of relative calm, this tenant falls behind in her rent, and my questions are answered sarcastically, or not at all. I sent a Notice to Pay, and a Notice to Quit to the tenant, and I was in the process o...
Mike Gordon
General LLC Questions
I think I'm ready to form an LLC for the next property I buy and am currently writing a few offers. I had some questions about LLCs that some of you might be able to answer: - I'm thinking of filing in Nevada or Wyomi...
Nick Frey
Short term cap gains with income carryover losses
Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...
Web A.
Tenant refusing to pay or communicate with landlord
Hey BP I own a rental property here in Newark NJ. I inherited a tenant when i purchased this rental in April 2020 and her lease ends February 15th 2021. She has paid on time every month but recently she decided not t...
David Dong
Tenants disappeared and their friend gave back keys and vacated
My tenants rent was already 5 days late and we agreed to meet last night at 7pm for me to collect. When I got there nobody was home so called/texted them, both their phones are turned off. I wait a while and supposedl...
Jonathan Rexford
Non Tech way to use Craigslist images
Hope this helps. Because when I found it, I was literally floored.
Here is something that I have been using for a few months to sell my properties on Craigslist. We all know that you can paste HTML code into craigs...
Beth Johnson
Want to switch a real estate (listing) agent in the middle of shortsale
I found my shortsale listing agent untrustable. She has been making mistakes one after another. It makes me worry and doubt that she is not an experienced one. I'm afraid I may end up wasting time and energy if I cont...
Joseph Rios
Tenant doesn't want prospective tenants in the house
My tenant said he doesn't feel comfortable having prospective tenants in the house and asked to wait until they move out before showing the house.
It's 3/20 today and they're supposed to move out on 3/31 (lease ends)...
Fay Chen
Insurance or LLC?
In Podcast # 109, Scott talked about the limitation of insurance policies. Basically, from what I understood, the interest of your insurance company does not necessarily align with the landlord's. So when a claim is f...
Joe S.
Tax and accounting question
Tax and accounting question..A number of years ago my wife and I purchased a house and placed it in our personal name and not an LLC. Since then we have opened an LLC or two :-). This particular property is still in o...