All Forum Posts by: Richard C.

What part of NH are you considering? I'm assuming your second home is in one of the vacation areas. If you wanted to split the difference, Southwestern NH is very accessible (from 91) to most of Connecticut, and you could build a portfolio that would also be accessible from anywhere in NH once you move here.

Inventory is a bit of a problem. But prices and rents are very stable.

Call Bank of America. Say you have seen the postcard and are concerned, because you have been renting the place for nearly a year. Act dumb and ask them to change the "resident" to you.

She cannot make you leave. Inform her that you have a binding lease and will hold her to it. I wouldn't be all that gentle about it. Tell her that moving is extremely inconvenient, and because you will have to rush it will cost you more, and you will leave by June 1 in exchange for 2 months rent.

Or tell her to stuff it, you're not leaving until the 30th, and if she tries any self-help eviction, you'll sue her.

There are a lot of bad landlords out there. You have one.

I don't think it is pointless. Wholesalers should read it, see how they can be viewed, and make sure the description (not actually bringing money in, making offers with no intention to buy, etc) does not apply to them. And if it does, change what they are doing.

http://thereferencestore.com/fake_employment_reference_service2_031.htm

Now, the good news is people are unlikely to go to this effort and expense just to be a bad tenant. They are people trying to get past their issues. So many may be great tenants. But yeah, this is out there.

Tom, I think the issue is that people start wholesaling to get started, because they don't have any money. When as Bill points out, wholesaling is not a beginners game; it is for the experienced only.

Most of the replies, both pro and anti wholesaling, have focused on the relationship between the buyer and the wholesaler. With wholesalers saying they can add value for the buyer, etc.

I wish people would think of the seller from time to time. The way many wholesalers treat sellers is the definition of bottom-feeding. Think about it. Most of the "tips and tricks" of wholesaling involve ways to identify homeowners who may be in a desperate situation, so that they can be taken advantage of.

Also, if you own multiple properties or advertise anything for rent, you will get letters and calls from "real estate investors" who bring neither money nor knowledge to the table. That get irritating in a hurry.

Those services already exist. Employment references, too.

The Book says, "The laborer is worthy of his hire."

So are lawyers. Get one. This will cost you maybe a hundred bucks, and could save you thousands.

I owned a duplex in Manchester, NH. Exact same deal. So I don't know about "common," but certainly not unheard of.

I find it amusing that people like that call themselves, "Real Estate Investors." What exactly are you investing, sunshine? Your deep and hard-won knowledge of the local market, that you developed on Craigslist and Realtor.com over the course of the last 11 days? The $10 EMD you expect me to remove the house from the market for?

You will not get in trouble disputing scores. You do not have to claim they are inaccurate, you can simply request that the CRA verify the information. They are required to do so within 30 days or remove it from your report.

That is about 80% of what credit reporting companies do. It is perfectly legal, but if you have time, there is no reason to pay someone to do it for you. Go to creditboards dot com and ask for help.