While visiting TL properties in the Birmingham area recently, I came across two properties that I have some interest in:
1. Home that has been abandoned, but is in pretty decent shape. It wouldn't take much to fix i...
I am in the early stages of buying my first rental property. I was recently approved by a lender and when I asked the lender about lending to the LLC, his reply was to just buy it in my name and transfer it to the LLC...
I've come across a property close to Philadelphia that was transformed from a single-family dwelling into a multi-family setup, and its zoning has been switched to commercial. I'm curious about how the taxation for su...
One of my tenants didn't pay rent on time so I went to get in touch with her and her phone is off. All payments before were on time. I sent someone to serve the 3 day notice and he let me know that the unit looked va...
Why do utility companies push so hard to get a landlord to signup for Continuous Service Agreements? If I don't sign agreement, I'll be charged another fee to restart service between tenants.They can't explain why thi...
We are new landlords in Texas. We purchased a fully rented duplex and one tenant has not paid any rent to us. We received an eviction judgement against him. We will be getting the writ of possession on Wednesday and w...
Ok so I have a tenant whom I just found out is in jail, welcome to landlording :) . They are now around 13 days gone from the property and I haven't been notified of their absence in writing. How I am reading the st...
Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
Hello BP, have a strange eviction situation question! On May 31st we evicted some renters through the courts. The judge gave them 48 hours to vacate. They chose not to vacate the property so we ultimately had to reque...
I understand that it is difficult to prove that a vacant house or lot is "abandoned". In theory, an ejectment would prove that the property was abandoned. However, my attorney doesn't see how to file an ejectment on...