David Rosen
Do I send 1099-NEC to property manager if they use AppFolio for accounting?
Hi all,I use a PM who is a sole proprietor LLC who I paid more than $600 to in 2023. They use AppFolio for the rent collection, disbursements, and accounting. The tenants pay through AppFolio and I am disbursed the re...
Cal C.
Joint and several 'liability' clause
@steve babiak mentioned the joint and several clause in another post and it seemed like a good topic to discuss.
if you don't have this clause in your lease I would strongly recommend it. Here is a definiti...
Santiago Armando
Looking to Buy a home in Miami Fl
Hello all, Me and my wife are looking to by a home in Miami FL. She is in the process of getting her real-estate license, would she be able to serve as the real-estate agent for our transaction? (on the buyer side) or...
Account Closed
Hiring Process Questions
What's up BP, I will soon be working with attorneys and a CPA, so I have a few questions about hiring and communicating with them.
I already have some basic questions involving working together but outside that I am...
Drew McKinney
Partial down payment for owner financed deal
Hello all,I have an owner with a decent amount of properties willing to sell and finance them to me.I have several logs in the fire currently and don't have all of would be the down payment for these properties.I've u...
Mario J Perez
What should my offer be?
What should my offer be? Here’s the info I have.
Mixed use 3 story building.
Asking Price: $380,000.00
6 Apt. units
3 Commercial units
Income: $72,300.00 Total Yearly Rent
Expenses: $8,500.00 Total Yearly Expens...
Bernard Alvarez
section 8 wants to terminate contract
tenant moved in April. has certificate. paid 1st month. house passed inspection TWICE since May. have not received any rent from sec8 to date. nothing!! received ltr 7 July they 'propose' to terminate contract 4 Aug....
Nestor Soto
Mutli-Family homes in Maryland.
Hey Biggerpockets. Anybody knows if multi-family properties are a good deal here in Maryland? I've been searching in Baltimore and the Anne Arundel County and options seem to be limited. Any advise? Thanks.
Ann Madara
Ownership, LLC, Land Trust, Tax and Insurance...all rolled into 1
My husband and I own a home that is our residence. We owe less than 30k on our mortgage, we've owned it for 15 years, it is in both our names and has value. 10 years ago his mother deeded her house to only him, indivi...
Mark Dutton
Who handles the maintenance on a property as a rental?
Would is usually responsible for maintain the house? Such as making sure the grass is cut.What responsibilities should the tenant have?