hi everybody.being a landlord in nj requires a lot of legal knowledge, how is one supposed to know all the laws?is there any book that has all updated laws?and how and where do i get the updated laws?
I wholesaled a property and charged an assignment fee of $5800.I took back a note and my buyer is paying me $300/mo a month until the note is paid off.My bookkeeper is having a very hard time how to record this in Qui...
Hi BP multifamily investors!I am an investor in several deals and now syndicator (closing first deal this month) in multifamily apartment communities. Like many in this community, I'm always looking to improve and gai...
Hello all,
I bought 3 lots in a subdivision and will be finishing up on the 1st house. Before starting the 2nd I wanted to put into the contract a clause that indicates a daily fee if they go past the due date. Does...
Hi All,I'm super excited to be under contract for my first property. I was reading through a PM agreement from the company I intend to use, it states that the PM keeps all late fees. Is this common practice in the PM...
Hello, newbie landlord question here: Is it common to require first month's rent, last month's rent, and a security deposit for new tenants? I'm aware that Florida doesn't have hard limits on what is required up front...
I need some straight forward answers (fact not opinion) on contracts..... Is it LEGAL to assign a contract in the state of FLORIDA............ YES / NO and what should the clause say? should it say Tanesha Mills or as...
Hi guys,
Ive been trying to figure out how to pay mortgages on my rentals to make sure there is no co-mingling of 2 different LLC's funds or my personal funds with those LLC funds.
So lets say you have a house that ...
Was listening to the BP podcast 36 and they talk about when a person gives notice they are moving out that they send them a list of charges that will be incured if its not left clean etc..
if we clean the fr...
I'm in the final stages of buying my first rental. This will be an owner occupied duplex. Since I can't include expenses for my unit for tax purposes, I'm wondering how I should handle accounting for my unit.
Shoul...