
10 January 2017 | 8 replies
You serve them with a notice to pay, what ever your state specifies, the same as if they did not pay and were not moving.

12 January 2017 | 6 replies
For example, $900 rent and $450 has been paid by the Housing Authority (received late on the 6th); but the tenant still has not paid their $450 portion. 10-Day Notice to Pay or Vacate has been served as of today, so we plan to file for eviction on the 20th if still not paid, but wanted to make sure that getting partial payment from the Housing Authority does not alter the handling.Also, how are late Housing Authority payments best handled?

11 January 2017 | 5 replies
Serving as your own GC is a great asset in itself, not only saving project management costs (compared to hiring it out to another GC), but also getting that rehab management experience that lends itself to building confidence with future investors / partners demonstrating you know the nitty gritty details on the rehab scope of work.

27 October 2017 | 5 replies
Here were my requirements with online payments (and have been a strong advocate for my current provider because they offer it):1. requirement to receive only full payments (no partial)2. ability to cancel payment requests after I serve the eviction notice3. won't give the tenant my bank account info (learned this mistake from direct deposit)4. requires me to request payment (although I do recurring and shut off if needed) before tenant can pay meThe major property management softwares should provide this feature.

14 January 2017 | 6 replies
@Wade Garrett not sure how the process works in NJ, but here in Florida, we serve what's called a 3 day notice to pay or quit.
17 January 2017 | 8 replies
The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016, the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

3 March 2017 | 91 replies
Then you must serve the tenant with a summons and the complaint.

26 April 2017 | 27 replies
From my research, I'm guessing average rent is at least $1400/mo.I have PM and real estate investing experience and think there's a good opportunity to serve the community and make good money at the same time.

13 January 2017 | 19 replies
This appraisal will serve you for the cash purchase and for the mortgage.

18 January 2017 | 3 replies
In order to best serve my investing partners by minimizing risk and increasing the capacity for deals, I am now strongly considering pooling resources and opening up a Private Equity Fund.This is new territory for me and I am wondering if anyone has any experience starting or being involved with a Private Equity Fund?