Kay March
New tenants sign lease, then their house fails to sell.
A couple who was selling their house applied for my rental. They were sure that their house would close on a certain date post lease-signing, and upon my urging (twice) they confirmed with their real estate agent that...
Bishara M.
Tenant not responding about Lease renewal
Dear my wonderful BP Family,My wife and I are Househacking in Carrollton, TX a 4x2 single family home. Renting by the room. The situation is as following, the Tenant's lease ends on Oct 31st 2021.I sent out a Lease re...
Jimmy S.
tenant did not include late fees
How do you handle late fees if tenant has paid the rent late but did not include the late fees. Do you send them a letter, call them or how do you handle it?Rent is due the 1st and 2 day grace, 3rd day $40 late fee st...
Joe Garvin
AirBnB Reached a new Low & refunded a guest for mosquito bites
We recently had a guest from New Jersey who arrived on July 23rd and was booked until August 6th. He was a difficult guest from the start and very needy! After they were there for 12 days and also tried to have addi...
Jason Boice
Proof of Funds Requirements
I currently have two private lenders that I work with. I make all cash offers and then obtain the funds from my private lenders to complete the deal. Recently I have been getting Proof of Funds requests from listing a...
Carrie Matuga
Eviction Philadelphia - open questions
I've finally won an eviction in Philadelphia after a ridiculously long period of time. Sheriff came to do the lock-out on Monday, but tenant left her dog so the sheriff refused to do the lockout. Now has be reschedule...
Chris Mason
tax consequences of liquidating retirement question
Hello Wise Tax Professionals,Quick question for you. I'm not actually in a position to do the below, but I'm going to be a hypothetical person with a crap ton of money in retirement accounts, a mix of 401k and IRA.- I...
Frank Barletta
Forget flipping in the NorthEast.. Welcome to Fayetteville, NC
If you're considering venturing into the realm of flipping properties, Fayetteville, North Carolina presents a promising landscape.
Fayetteville, NC, stands out not only for its robust housing market but also for its...
Justin Williams
New City Law Requires Changes to Leases/Late Fees
FYI...
On March 22, 2021, the Baltimore City Council passed legislation that mandates changes to all residential leases and impacts when late fees may be imposed.
Specifically, the law, entitled “Late Fees for Past ...
Keith Ransom
Closing time frame on vacant neglected property
Hello I was wondering what most investors use for the time frame of due diligence and closing when submitting offers.I recently submitted an offer on a vacant and neglected 30 unit property where the owner owed 145,0...