The law allows us to do straight leases then give homes away to anyone who lasts more than X months. The problems with this method come from the fact that we want tenants to know upfront that they are working towar...
Hi everybody ! I’m a new RE investor and would appreciate any thoughts or ideas what to do…!I have a Wealthy tenant…(I mean really Wealthy and he is a big RE investor-he knows the game)He rented my house for a year, e...
What's my next move if my tenant won't sign for the certified mail that includes their eviction notice? My lease agreement states that notices will be sent via certified mail. I can check the tracking that says "deliv...
Hello BP family,We filed for eviction court (tenants past due in rent) and the hearing was supposed to be today. However, I received mail two hours before court regarding a notice to reset/possible dismissal with a ne...
own a two family in n Bergen, nj and I have a problem tenant. Tenant stopped paying full rent starting June, July,aug,sept,nov and then nothing for December. I know I was late with this by I started legal procedures i...
The pros and cons of running a real estate business through an LLC and using LLCs to hold properties have been discussed at length on BP. My question is about what LLC users do to avoid some of the headaches of using ...
I often hear that you should always have at least 2 members of your LLC, even if one member only owns 1%. It supposedly makes it more difficult to pierce the corporate veil in the event of a lawsuit. Is there any trut...
I just closed on my first rental last week. It is in another state (Detroit), is tenant occupied, and needs many repairs (new roof, electrical work and plumbing to name a few). I spoke with one of the tenants today an...
Well... San Francisco is at it again! Apparently, according to this news article, there are a number of people backing a “Stop the Flip” proposal that will appear on the November ballot that could create a 25% tax for...
A novice landlord in Baltimore city here.
To make the long story short, my tenant on a month-to-month lease is not paying rent and refusing to communicate with me. I already sent this tenant a failure to pay rent no...