Adam Johnson
Investing in States that don't require licenses
Hello all,I know that NMLS provides information on rules and regulations for investing in individual states but is there any specific or particular verbiage that allows one to know if a license is required to purchase...
Chris Martin
quick NC eviction filing primer
For NC landlords/property... The cost for filing a summary ejectment is $96 (to clerk of court) and sheriff service per tenant is $30. Generally, you can get a court date within 10 days of filing. So if you have a "st...
Lee L.
going to small claims court soon
After the tenant moved out I discovered a large dent in the metal cover of the stand by generator, really more than a dent, it was crushed. So I kept the amount for a new lid out of her security. She was adamant that ...
Daniel E.
Borrower fighting foreclosure: what to expect
At approximately 1 week before foreclosure judgment, borrower entered a 30 day extension to answer complaint. My question is, what is the typical route here? My guess is that 90% of the time this is just a stalling ta...
Joel Ray Cotton
Seller Evicting tenant on a property I am buying.
I am buying a book of 6 properties, the seller that is pushing to sell quickly. The problem one of the properties the tenant is 5 months behind on the rent and he just started the eviction process. From my research I ...
Emmanuel Rosario
Eviction: Final trial coming up
Hi BiggerPockets community,I currently own a two-family property in Jersey City, New Jersey. In one of the units, I have been dealing with a non-paying tenants for about a year and a half. The final trial is coming up...
Bill Flannagan
How to account of landlord labor in security deposit return
I recently completed my first year of being a landlord. The lease has ended and I owe the tenants part of their security deposit back. I had to have some repairs completed. Some things I had to sub out and have invoic...
Paolo Ruggieri
Buy and give seller buyback option
here is the situation -Seller can't make mortgage payments on her house and is soon going to be foreclosed- seller owns a rental free and clear- seller wants a loan... She does not want to sell.. She thinks (hopes) to...
Chris Good
Adding Value and Controlling Costs
In a softer rental market like we seem to be in now, it becomes much more important to focus on the boring fundamentals like controlling expenses. One of the ways we have been doing that in our multifamily properties ...
Levi T.
File a UD before the move out date?
We just picked up a bunch of units, and we are sending out notices of termination to tenants as they are on month-to-month. Normally we wait till the date of terminated before filing UD on those who do not move. What ...