Julie Ann
Tentant is disputing Claim against tentant security deposit
Tentant was late on rent (last month of lease) sent a 3 day notice to pay rent or vacate. I received a letter from her during that time (she moved out 8 days before the end of lease) with the house keys, garage opene...
Ivan Smith
1031 and renting from own LLC help needed
I have a question in regards to us getting a property and doing it correctly. We are actually closing on it this week and were under impression that we cud put the house into our llc and rent from the llc. then potent...
Noelle Eads
Liability question for taking over a property
Hi! We are in the process of buying a flip house that has a tenant. Unfortunately the house is in terrible shape and will be a complete gut job so we don’t feel comfortable letting the tenant stay due to liability iss...
Hope A. Williams
Seeking Solutions on Resolving Contractor issues over Budget
Seeking advice from seasoned investors... My contractor started the project in May and requested funds to complete a renovation with 90 days. He has only done the prep work after receiving two draws to start then buy...
Michael Plaks
Another hog slaughtered by the Tax Court - are you the next one?
You know that pigs gets fat while hogs get slaughtered. The Tax Court once again illustrated this cliché in its recent decision in the Harrison v. Commissioner case (T.C. Summary Opinion 2022-6).
Nicole Harrison was ...
Chris G.
HOA incident report and insurance
One of the units we managed flooded due to the unit above having a water leak. I contacted the owner of the unit above and they're refusing to pay for a majority of the issued caused, so the us and the owner has agree...
Tom C
Quit Claim deeds info
Are there any restriction on doing a Quit Claim Deed? Such as, can I require on cash deals that this is done verses normal title closing? I believe the only problem is if the buyer was using bank financing, then they ...
Kiara Walters
Taking Legal Action on a Contractor
I recently purchased a duplex in Washington, DC with a FHA 203K loan. I started out with a contractor who was licensed in MD but his partner was licensed DC so his partner was the lead on paper. He was a recommendatio...
Mindy Jensen
Ordered kitchen from Home Depot, now they won't install.
My neighbor ordered a complete kitchen from Home Depot, plus installation. She paid for the entire project at the end of August, and has been given the run around ever since.The original contractor has either quit or...
Courtney Jones
Wholesaling a property with construction loan & contractor liens?
I was contacted by a motivated seller who is in trouble and wants to be done with this property. She hired u build it to build her dream house and due to under budgeting she started out in the hole 25k. The house has ...