Erod R.
can i shutdown water line if tenants doesnt pay water bill?
hi everyone, i own property in philadelphia, PA and also darby PA. at the beginning i was paying the water bill because it was reasonable between $160-$170 a month on a six unix house. some of the tenants were evic...
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 ...
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...
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...
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...
Andrea Minnillo
Utilities - How do you protect yourself as a landlord
If you don't pay for water as a landlord, what do you do if the renters cause high water bills (ex: don't shut off water in winter, or don't report running toilet promptly)? Do you write specific instructions in le...
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 ...
Steve Rozenberg
What Don’t You Charge Tenants for Concerning Maintenance Issues?
Do you have things you don't charge the tenants for with maintenance issues?
L'Oreal Smith
ADVICE when seeking a contractor
Hello BP!! I am a new investor and of course I'm looking for contractors to work with. I need to know what are the right questions to ask and other things i need to look for? What are the"red flags" i need to avoid? T...