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My tenant moved out but left a lot of damage to the property. After they moved out, they texted me saying that they filed for Chapter 13 bankruptcy and that I should contact their lawyer. They gave me the lawyer's pho...
Hello,
A tenant was recently evicted because they stopped paying a few months into the lease. They came from out of the city/ state and I believe that is where they returned to. The eviction was uncontested and has b...
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Ok, so here is my question. Every time I have a tenant late on their payment. The property manager will charge them a late fee should it be after the grace period. Now when I finally do receive payment the property ma...
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Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
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I’m a realtor and investor in the Orlando area. We put a 5 unit property under contract, did our inspection and requested the wire instructions. The listing broker sent me the wire info for the title company (which I ...
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Hello All,
For the sake of saving time, I have been considering shifting all my lease option and rent to own retail buyers over to just an email list. Meaning when I have a property available, I will send out an ema...
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Hi All, Just a quick question on 1099-Misc forms..I bought a property in Oct 15 under my solely owned LLC. I bought it for 230k and had a construction loan along with the HML loan of another 85k. Fastforward to Jan 1 ...
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I have been communicating with a "private Lender" who is willing to lend me funds for a particular project. Having never met him, I'm looking for advise as to how to check him out for legitimacy. He sent me a copy o...
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Hi everyone, just wanted a little advice. I have a benefits tenant who owes me two months rent. He's had the money but spent it. I have issued him with a section 8 with proceeding threatened to start on 20th. Tena...
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Hello,I have a tenant and rental unit in Ohio. My tenant moved out Nov 30 and said when I'm ready to return his security deposit he will give me a forwarding address at that time since he doesn't know where he will be...