Scott Kennedy
Converting Primary Residence to Investment Property
Here is the situation. Two lenders are telling me different things. I own a primary residence and one investment property. I have a 3 year history on my tax returns of managing investment properties. The LTV on ne...
Theodore B.
1st of the month Everyone
Hello fellow property owners!!! Wishing you all a Happy 1st of the month, should be our FAVORITE DAY OF EACH AND EVERY MONTH!!! Wishing you all timely rents and no evictions!!!!
Patricia Steiner
14 Million Tenants Behind on Rent
An ugly headline, an even uglier reality. Rental Debt is estimated at $25 Billion (Source: Stout, a global investment bank/advisor). Housing subsidies included in Covid Relief Legislation will not come near resolving...
Max T.
Just Experienced Check Fraud
Looking at online banking last night I see that someone deposited a check from my account that I did not write. It was check number 454 and the next check in my book is 455. They cleaned out the account completely. So...
Su Soma
Live auction in newark, how it works?
Hi, I'm planning to go to the live auction in newark for the first time, and I heard that if i win the bid I will need to make a deposit of 20% of the winning bid, and only certified check and a money order is accepte...
Sarah Buchanan
Charge tenant to replace carpet/what qualifies as "normal wear"?
How does one determine what qualifies as "normal wear and tear" with regard to carpet? I had a tenant just move out after a 12 month lease and, while the carpets (in bedrooms) were not brand new and had a couple of s...
Nathan Gesner
Landlord training: what do you want to know?
I'm going to develop a training class for investor landlords in my area. I'm thinking it will be a free class provided once every six months designed to teach landlords about federal/state/local law, common landlord -...
Michael Trinsey
Recommends for a CPA/Tax Accountant/401k checkbook in Montco/PA
I'm looking for a CPA/Tax Accountant and that's also familiar with the 401k Checkbook investing?In the process of purchasing a house and settlement is 2/26.
Rob Young
Does a New Landlord Have to Honor an Existing Lease?
I just took ownership of a rental property that is already occupied with tenants. Do I have to honor the existing lease agreement or can I make the tenants sign a new lease agreement with me?
Cheri Malinski
Under contract for duplexes and owner can't find leases
Good morning. I'm under contract to purchase two duplexes and the current owner says they are not able to find all of the written leases. One tenant told me they had been there 5 years and another told me they had b...