We are new to this and actually started as a fluke. We bought a house in a different area before we even listed our house. Long story short we had the opportunity to rent our house during slow winter months and now ow...

Hi all - I am about to close on a 4 unit in Washington DC. The ARV of this building will be ~$1M; however, if I convert the units to condos, each condo would be worth about $315K ($1.26M). Would be great to get that $...

1) Am I at risk if I try to wholesale without an LLC?

I read a post from @Ned Carey in this thread that mentioned an LLC is less important if you have less assets to protect. What about as protection from a...

Hey,I have a tenant in my first rental property that wants to break the lease early. There is no early termination clause in my lease (I will add that in now, lesson learned). I would like to charge him ~1/2 month ear...

I worked in London, UK for +8 years and during this time I purchased a residential property, there. 18 months ago, I relocated to Philadelphia, USA and I now rent the London property to tenants. I have some solid equi...

There seems to be some conflicting information online regarding when 1099 forms are required for small landlords (see link below). Does anyone have a definitive answer on this? Would I need to issue a 1099 form to my ...

Hi All- this is my first post and I am hoping it's in the correct forum!  As the title says, I am looking to invest in a townhouse as an investment and as a place for my son to live while he's away at college. I am sp...

we own a brake and alignment shop.  paying double on social security, as you all know, is rough.  we have also been renting out our house in Bennett. we had a little plumbing problem that caused some damage last year....

After 2 weeks of dealing with several different forms of water damage (leaking water heaters, refrigerator lines cracking, toilet tank seal cracking, etc), I'm going on the offensive.  I started researching leak detec...

Hello

I have tenants that constantly do not pay on time. And neglect paying the late fee. Turnover is expensive so Ill go with it for now.

How would you word telling the tenant that the late fees are going to come o...