Michael Vilasi
Sending 1099 without formal registered business
Quick question and help needed from the tax pros/gurus in the audience. Thank you in advance. I have two long term rentals. I am not set up as an LLC. In 2023 I paid one contractor slightly more than $600 for HVAC w...
Doug Kolb
Need to move mortgage from personal to LLC
Hello,I own a single family rental home in Memphis. i bought it and financed under my name not knowing any better (in 2015). Looking now to put it under an LLC (which I have already), but my current mortgage holder ...
Account Closed
Dealing with violent/threatening tenant?
I have a very argumentative tenant that I need to get rid of. He leases a small industrial suite from me. He is constantly causing trouble, making threats, scaring the neighbors, making messes, and more. I have enough...
Nicholas Kuton
Purchase and sale agreement
Hi I am wondering would anyone in the Houston Texas area happen to have a purchase and sell agreement with the adendem attached to it ? Also I'm in just playing to wholesale the property by assigning the contract to a...
Courtney Shore
Writing our first lease - What are we overlooking?
Hello! My husband and I are new to the real estate investing game. We just bought our first property and have an approved tenant that is getting ready to move into the home. We're finalizing our lease. In addition to ...
Farzan Setayesh
Unpermitted garage conversion to ADU
Hello. An off market deal has been offered to me. It is a 2 car garage conversion to an ADU without permit. It has been rented for the last 8 year. How can I get a permit? Consequences not getting a permit and keep re...
Jayson Hinkson
Tenant breaking lease due to separation
I have a tenant that needs to break a lease due to separation. They are 8 months into a 3 year lease. So do I just get in there and get it back on the market or do I spend time and money trying to go after them? I ...
Ray S.
Shady unit split
I have a multi family home. My studios get rented the day they become available. The 1& 2 bedrooms take longer, and generally can't get as good of rate per SQ compared to the studios. The 1 bedroom 2 bathroom can ...
Nick Brubaker
Charging interest on delinquent rent and fees?
Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
Zaid Badabwan
Insurance of rental properties.
Hello Friends
I have very specific questions about the insurance of rental properties and I hope to get your answers. I am buying rental multifamily properties in my personal name and buying insurance for rental prop...