Nancy Molinari
tenant toilet plumbing damage
Never ending tenant issues. I just renewed the lease another year for the tenants, yes, the same ones that brought bed bugs in but I thought it would financially be cheaper than going without rent for a month and repa...
Chris Shipman
Selling subject to properites
Recently I have been looking into subject to properties. I haven't found anything about what happens if you were to sell the home prior to the loan being paid off. Say I were to get into a subject to agreement with a ...
Julie Cyran
Lawn Maint and Tenants
Hi - bought my first rental property in Jan and rented it quickly. The issue is the lawn. In the lease it says the tenant will mow the lawn weekly. I have provided a new lawn mower, but it has been 2 weeks and the ...
Michael Plaks
1099-NEC due February 1st (replaces 1099-MISC)
NEW form 1099-NEC replaced 1099-MISC for contract labor THE DEADLINE IS FEBRUARY 1st! When, where and how?
The short answer is: obtain form 1099-NEC, fill it out, and mail “copy A” of that form to the IRS and to ...
Al L.
mold issue in Atlanta
I have a possible mold claim on a rental property in Atlanta. The tenant said she might be sick because the house has a moldy smell. I am not aware of any mold issues prior to the purchase of the property three year...
Ben M.
Shared water bill on a duplex
One of the tenants in a duplex with a shared water meter is complaining that he should pay lesser than the other tenant because he doesn’t use the water that much. They are supposed to half the bill per the contract. ...
Larry Ott
Surprise! past due HOA fees after purchase
I purchased a foreclosure property in Florida at a Sheriffs Sale. At a Sheriffs sale there is no guarantee of a clear title, I searched the online records prior to the sale and found no glaring issues. Immediately aft...
Rush Wall
Can a buyer take legal action
Hi all,I recently flipped a property in Decatur, Georgia. The buyer has sent a demand letter and is threatening to sue if I do not reimburse them for a new sewer line they installed about a month after the closing. Th...
Joey D.
Diy time management
I have a question for all diy 3 to 5 unit owners. How much time are you spending at your multi family unit per year doing maintenence and property management. I've looked at 3 deals so far that the numbers didn't wo...
Allan Gibson
Liability insurance on properties own by a solo 401K Trust
I would like to hear from any knowledgeable members who a solo 401K trust. My question is how did obtain liability insurance on rental properties that the trust owns? Also can the Trust be sued for issues that arise...