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I have a house in Newark, CA rented to section 8 tenant for nearly 2 years. When I first rented, I was asked to lower the rent even though my asking rent was $200 lower than other houses in the community (same size a...
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Hello, looking for someone with experience in zoning "administrative adjustment" in Chicago. I want to change RT-4 zoned 3 flat to 4 legal units. RT-4 zoning - 1000 sq ft of lot size per unit. Lot is 3969 sq ft so its...
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I have a lease where my tenants should pay with a check or through a website. They paid me with cash once before, How do I deal with something like this when your tenant is trying to pay you with cash?
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I am very confused, I have been with a property manager for about 2 years. The property is in South Bend, Indiana. I am a very passive landlord, in fact too passive and trust me my lesson has been learned. I had a ...
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Hi BP Community,
I recently hired a new property management company who found a tenant(s). My question is what legally, am I allowed to ask the property management about the new tenant ? The property is located in Te...
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Do commercial lenders have any requirement to protect the interest of their clientele? With residential and up to 4 units the lender would certainly check out your credit and financial condition before asking for a lo...
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This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
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Hi! I recently went to a RE conference and there was a company there called Platinum Trust Group (platinumtrustgroup. com) that told us about proprietary irrevocable spendthrift trust. Basically, they're saying that ...
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I am under agreement on a property in which we will inherit a section 8 tenant. She lives in the smaller of 2 units and is interested in moving to the larger one when her lease expires because her voucher has increase...
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Hey BP community - so here’s the issue I am facing with my duplex in ROCHESTER NY. I own a property next to a grocery store. Lately there has been some groups of dealers selling drugs on the corner and at times they...