All Forum Posts by: Todd Markey

Nothing, huh?  Okay, that tells me what I need to know.

I think we are at the beginning of a real estate crash at least as big as 2006-2012. I'm wondering if I should just sit on the sidelines for a few years as prices collapse and then come back in and scoop up the cheap deals.  Does anyone know anyone who was buying real estate in 2006-2008 and was consistently making money until the market turned in 2012?

Thanks for all the great replies everyone.  I'm definitely going to take a bit from a bunch of these for how I move forward.

The house is not under contract, though there is an interested buyer who would like to know about the tenant's status so he can make an offer.

I am going to sell a rental SFH and have notified my tenants. They have been on a month-to-month lease and have already stayed past the 45 days I gave them to vacate. They want to move to another part of town but despite having applied at many places, they haven't been accepted, apparently due to low credit scores. I know I'm legally allowed to kick them out onto the street, but I really don't want to do that. Does anyone have ideas about how to help them get a place? Has anyone else had this happen? I suppose if I threaten that I will evict them on a certain day, it would give them the motivation to apply for places less desirable that they may be qualified for. They have been very good tenants for me, so I'm hesitant to do something like that.