Dear BP Members,Tenants moved out before lease ended and said that I can keep the Security Deposit even though SD didn't cover all the trash they left and one month short rent. Is there official email I should send to...
So recently, I was going to use a CPA for a corporate tax return. He outlined that book keeping was $45/hr and corporate tax would be $500, and any additional costs to file to USA would be determined later. I told him...
I have an applicant who claims to be a teacher in NYC. I've seen pay stubs and one month of bank statements. I have never seen an employer make 4 different payroll deposits in a month. The deposit dates make little se...
October 2020I have purchased a single family home in Ohio with a cash offer. The realtor who helped me in the purchasing process has recommended the title company, moreover the realtor has made a small rehab for $1,50...
I've owned the property for three months. It was fully rented when I took it over. Tenants paid right on time the first two months. This month two of them did not pay. I plan to send them a late payment notice. I...
Hello BP! My GC/partner for one reason or another had his contractor license forfeited/invalidated due to his insurance lapsing. We need a contractor statement signed off in order to sell. The house flip project is al...
Hey all, I just bought my first investment property, a triplex. All of the numbers made sense and overall I'm happy with the purchase but there are some post purchase issues i am hoping to get some advice with. The tr...
Hi all, I have a question about Proof of Funds acceptable to banks in REO all cash offers. I've always used a bank statement figuring that is the only POF banks will accept on cash offers.But, I have a friend who rece...
I was just now reminded of this by an email that I received.If you want to own rental properties, I highly recommend that you use a competent Property Manager (PM). But even so, you will have to manage your manager. ...
My husband and I own multiple rental properties. We've been using the same property management company for 10 years, so I guess we trusted them too much to go over our monthly statements closely. I just discovered tha...