John Cho
Seeking advice for terminating a short term rental management contract
Bought a house in Florida last sept to STR and signed a contract with a property management company. Company has consistently fallen short of performance, communication and their accounting is a mess leading to unexp...
Brett Jones
Late fee laws in Maine
So as I understand it, in the state of Maine a tenant needs to be 15 days past due on rent for it to be considered "late" before a late fee can be added to the rent. https://ptla.org/rights-maine-renters-paying-rentWh...
Jon S.
Early Lease Termination
Tenant bought a house and terminated his 9 month rental lease 4 months early. There is no early termination clause in the lease, the tenant is on the hook for the entire lease, but I am fine with an early termination...
Adrian Clapp
Trump bans evictions through the end of 2020
Individuals making less than $99k and couples making less than $198k in 2020 can’t be evicted In 2020 per Trump and the CDC
Article
Pra Che
Deal not going right. Need some legal expert advice
Hi, I need a legal referral and/or advice on a deal I’m working on. I got a property in escrow but the closing date is past due now, more than a week old. I did inspection with my own costs. Found several issues. Look...
Patrick Philip
What if the county finds out about unpermitted work after sale?
I put in new fan wiring without permits. Probably should have gotten them, but I didn't. I know what I'm doing and didn't want the county involved.The penalty for doing unpermitted stuff is that they will inspect and ...
Nathan Frost
Private Lender for Off Market Deals
Hi, anyone know any private lenders or how they go about finding and funding off market deals?
I have been putting 20% down on deals and it has caught up with me on repairs especially AC repairs and roofs.
Stephen E.
Checkbook IRA/ Checkbook 401K: Its is Legal or Illegal
I have known about self direct IRA but not Self Directed 401K and 'Checkbook' IRAs. I wanted to take control of my personal debt and let my IRA benefit from the loan but still maintain tax preference.What circustances...
Brittany Washington
Smartest way to collect rent...
I'm currently "house hacking" and live in one portion of a duplex while renting my lower unit. I moved in a few months ago (Sept) and there was a long term tenant in place on a month to month lease. She's been paying ...
Malcolm Gordon
Pre-Payment Penalties - Why Is This Not Often Discussed?
Hello BP,I would like to touch on a subject which I have never come across in any of the books I've read nor often discussed in the BP forums; yet I believe its is a very real thing from my understanding and appears t...