All Forum Posts by: Account Closed

Great job in bringing this to light Joe!

ALWAYS FORWARD! HOOAH!

@Whitney Moore Welcom to BP!

Hi Muju. I'm sure you'll find plenty of MD residential contractors on BP. If not, I can give you a few good referalls. Unfortunately, we only perform commercial work in MD; no residential. We perform residential and commercial in DC and VA.

Welcome to BP @John Logue !

This place has alot of information and people that have so much knowledge and even more important, it's FREE!

Good Luck!

try rentometer to help asses where your rental rate is compared to others in your area.

drop the property manager or find a cheaper one if your going to hold it.

Seeing as its a mortgage taken at the height of the fraud by most lenders you should know that they have sold your home several times and been paid handsomely for it. Google "pooling agreements and securitzation of loans". Then they reached into our tax payers pockets and got a bail out. Search "tarp". Then if you default they have insurance to pay for their losses not to mention the tax break they get as well. If they foreclose they will take the home and sell it thereby getting paid AGAIN for their fraud. So if you are in a position where you cant make the payment amd decide to short sale, chpt 13, chpt 11 or just walk. Then you have to see it as a business transaction and nevermind all the guilt mongering ANYONE is going to lay on you. Especially in a forum. Lol

Then be truethful with your father if he asks what happened. He's dad.

Not a plan or advice just my 2cents

@Brendan Henry

Welcome to BP buddy. You'll find alot of info to help you be a successful buy and hold REI.

@Aaron Montague

Nice!

@Brian Gibbons good to point out others making solid contributions.

@Account Closed

you said that they never pay ontime but do they pay and do you collect a late feem, can you increase their security deposit, create autodraft etc.? Also, evictions take $ and time.

Sometimes the grass isn't greener....just food for thought.