I got a call from a lady today in response to an ad I had on Craigslist. She moved out of the city a year ago and has a tenant in her house (his lease is up in May). She said the magic words on the phone "I just want ...
So I have a tenant that was late 2 months ago, last month was served a writ of dispossession before she paid cash on the 8th day, and this month hasn't paid as of yet. I believe she is moving out currently and I alre...
When challenges arise, it can be hard to remember how many AMAZING moments there are in Real Estate. It's so much more than the deals we close. When I entered the SFR space. I expected to remember & be proud of al...
I have an applicant for a rental, single mother with 2 kids. She qualifies for Section 8 but her monthly income is far less than 3x the monthly rent.
I know Section 8 should guarantee rent gets paid on time each mont...
Two weeks ago my tenant's dog (listed on her lease) attacked my husband as he dropped by to deliver a Christmas basket (no good deed goes unpunished?). Jumped up and went for my husband's throat/neck but fortunately ...
Parents, what do you do to teach your children about real estate investing?
I have a 5 year old daughter who is interested in “fixing houses with Dad” As we all know, fixing houses is only half the fun. The other pa...
I have a tenant in The house for 2 months.She just told me that she is suffering from cancer.She is the only bread earner in the house. I can see potential trouble.I want to be nice. I am a good soul but also want to...
I recently purchased a duplex and kept 1 tenant who is section 8 and rehabbed the other side as part of the brrrr strategy. I was able to immediately find renters and signed them to a 1 year lease. The tenant who st...
You know that pigs gets fat while hogs get slaughtered. The Tax Court once again illustrated this cliché in its recent decision in the Harrison v. Commissioner case (T.C. Summary Opinion 2022-6).
Nicole Harrison was ...
Before I waste my time going down to the court to file...We are purchasing a home next week from a worn out landlord. It comes with an existing, problem, tenant who has not paid rent for a year. Can we file with the...