Gregg Jossie
Tenant's family coming to stay... Can I raise the rent?
I'm househacking my first duplex right now and my tenant informed me today that his daughter, son-in-law, and their five kids were just evicted and are coming to stay for a while. He doesn't want them staying long and...
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
How to Allocate Land vs. Building Values for Investment Property
When buying a residential property, one important yet often overlooked task is determining how to divide the property's value between the land and the ...
Eli M.
An accountant in Philadelphia, PA Philly
Dear BP community (specifically the Philadelphia part of it),If you know an inexpensive and trustworthy accountant in Philly, who can help me to transfer my LLC from NYS to PA, please, pass along his info.Thank you al...
Nahal Beckam
First time landlord made a big mistake.
Ok. I was preparing online lease agreement for my first tenant, and made a mistake. I meant to set a small late fee to be charged per day, but instead it was set the small late fee to be charged per month if they dont...
Benjamin Portnoy
Looking for Contract Agreements/Doc's...Recommendations?
Hi gang,I've scoured the site & forums for the following agreements and legal docs for working with contracts, but can't find them. My apologies if I've overlooked them.1) INDEPENDENT CONTRACTOR AGREEMENT2) FINAL...
Jill Peterson
Should we pass on a well qualified applicant?
We received an application for our ADU rental from an extremely well qualified applicant. After meeting this applicant we became concerned because they had so many ammenments they wanted to make to the lease (the leas...
Nick Leamon
HOA Trying to create leasing restrictions.
Hey BP,So one of the HOA's that I own a rental in is trying to pass an amendment limiting rentals to 20% of the homes in the neighborhood and all tenants and leases have to be approved by the board of directors of the...
Lisa Monroe
Wholesaling By Quit Claim
Has anyone wholesaled a property by adding the end buyer too the purchase contract and using a quit claim after closing too remove themself from title?
If so, can you further explain how this is done? I have heard of...
Matthew Purvis
Exict or Not to exict that is the question.
Hello BP,I purchased a commercial multi-family in December. Unit 1 is a Market/Deli, unit 2 is a STR/ MTR, and unit 3 is a LTR. Mortgage is $2400. Unit 1 rent: $1850+++Unit 2 MTR rent: $2400 All includedUnit 3 LTR ren...
Troy Danno
1031 Exchange--LLC questions and spouse
Hello BP Community—hoping to get some help here on a 1031 exchange.
I am currently considering selling one of my investment properties that I had purchased prior to my wife and I being married. I am the only one on ...