Jeremy Anan
Tenant Abandoned the Property
Hello BP - We have a tenant in a unit in Baltimore City who has been giving us some headache.- The guy works for Amazon in Baltimore. He was working at Amazon New York and transferred to Baltimore. He moved in on Febr...
Emmanuel U Darden
Lining up contractors
I wanted to know if anyone can help me with understanding the process of lining up contractors do I bring them with me do I take pictures take plenty of notes and get many estimates as possible? Or purchase the home f...
Gil Nahmias
Renters caused damages higher than security deposit - Use insurance?
My renters caused damages where fixing is about 10x the security deposit. How can I fund the fixes: Do I bill their insurance? Do I sue them and they bill their insurance? I've never had to deal with this situation so...
Ruei-Jiun H.
Is late rent payment in Indy normal?
Hi all,My tenants in Indy start to pay rent late after 3 months moving in. The house is in a decent area, rent for $1100. My property manger told me among the houses she manages, there is about 25% late rent payment. ...
Seintra Mouton
Tenant moved in baby mama and four kids.
Husband and wife just moved in about 3 weeks ago with their 2 children. Wife calls me and tells me husband has moved his baby mama in with her 4 kids and a cat. My lease agreement states that visitors are not allowed ...
Gita Faust
4 Steps to 1099 - Deadline January 31, 2015
Time to file your 1099 forms but not to everyone you pay. So start cleaning up your books and excel file to identify whom you have to issue the form.First you should have a w-9 form filled out by anyone whom you are g...
Michael Plaks
Remember to send your 1099s by January 31!
The beginning of the year is a perfect opportunity to get even with all those contractors who worked for you during 2018: report them to the almighty IRS and make them pay taxes on the money they received from you. In...
Elijah Rembert
tenant not moving out.
Hello BP members! I am in Oregon just in case anyone is familiar with Oregon law. I issued my tenant a 90 day end of lease notice to vacate his unit due to extensive repairs needing to take place this is an inherited ...
Paul Stout
Assigning a Value to an Unsecured Note
I would like to pose a question to all of the note buyers/sellers out there . What are the steps to assigning market value to a note? This particular note is unsecured and the borrower is high risk. The note is hel...
Anthony Murphy
Business accounting
Hi everyone. I will be forming an LLC for note buying as well as tax liens and some private lending. Anyone involved with these things that have formed a company have any advice on accounting practices? I don't kno...