Roy Mitle
Renter demand laundry and dinner payment because appliances broke
I have property in san jose.The washer stopped working. We sent a repairman within a few days. Repair guy diagnosed said have to replace washer. The next day renter mentioned fridge stopped worked. Had to send repairm...
Paul Mendel
declaratory judgment action seeking distribution of surplus funds
Hello All,I run a condo association in Pinellas county, FL, and we had a unit sell at tax auction last year, there was significant surplus funds from the auction (about 8k, the HOA was owed over that and the tax lien ...
Jocelyn Evans
To Inc. or not to Inc.??
Hey BP fam!I am putting together my business plan and trying to determine how I am going to hold my properties.Is it better to have them tied to a Trust, LLC, or Inc. ? I was going through the forum this morning as I ...
Rob White
My long term tenant is illegally Vacation Renting my Condo
Aloha,My Hawaii lease agreement states no subletting of the unit and the county zoning for the condo complex is for long term rentals only, making vacation renting illegal.I found out my year lease tenant was vacation...
Dale Osborn
Possible problems with title looming
How many agents who work with REO properties are disclosing to their buyers that they may not have a clear title to that property? Went to the local REI meeting last night and they were discussing how the banks and re...
Cameron C.
Committing Mortgage Fraud via Househacking Strategy
Hey BP,I'll try to keep a long story short. Currently about to purchase a 4BR 2.5 bath single family that I rent in Pittsburgh and turn my 3 roommates into tenants. The advantage of this is that it will continue to ...
Josh Holley
Seller won’t return EM
Long story short - James Wise has an awful reputation here in the Cleveland area, but I have bought properties from him before I proceeded with another. Title came back with an encroachment. The roof is over the next ...
Shane Bryan
Custom Built Home on Private Lake
I came across a property on a private lake within the city limits of a highly visited tourist town in Colorado. The property was purchased several years ago and the house was leveled to build a custom home. The owners...
Filipe Matos
How to flip a Building in Ontario, Canada
Hi all, I am about to put an offer on a building with 11 units, the building has low rents and some repairs needed.I would like to vacate the whole property and renovate the whole building and get new tenants.What is ...
Barney Davis
What’s the point in a lease?
I have a tenant that signed a two year lease and is wanting out after the first year due to a pregnant wife. I discounted the rent from $1400 to $1350 if they signed a two year lease. I have a $1350 deposit. This happ...