Jay Bob
Residual income estimates
Below is a letter I received from the bank I applied for 5% down conventional mortgage loan. Why they need this information and what this means to me? I have not received the form they want me to sign yet. Should I be...
Mark Yuschak
Getting started with equator
I'm working with a client who has BOA as his note holder. I tried uploading everything to equator, but of course equator tells me that it can't find the loan number. I called the 800 number and they said they needed...
Emily York
Basic Maintenance Question
I manage over 200 rental properties for Mgmt company in NC. Some of the tenants call about every little thing. When do you draw the line? I know what I am required to provide for a "habitable living condition" and def...
Allen Chao
if we waived home inspection clause
Hi,Need some inputs on this, if anyone had similar experiences or knows about what our rights are, that will be appreciated. We bought a house, waived the home inspection because of all the bidding wars in Toronto. He...
Tyler Green
Removing a subletter
I have an inherited tenant that fell behind on rent and I made the mistake of allowing her to make payments and catch up. To speed up the process she decided to advertise for a sublet to split the rent. She said this ...
Account Closed
Wholesaling Do’s & Don’ts
Hello all! I’m ready to take my first big steps into the world of Wholesaling. I have educated myself through “ The Real Estate Blueprint “ to a point where I feel I need to just do the actions to learn more in depth....
Larry H.
Rent To Own Eviction/Foreclosure outside San Antonio
Another seminar...We bought a property in Bandera, TX at the end of June. Bandera is just outside San Antonio, Boerne, Kerrville, Hondo, Helotes, and Castroville (yes, I was trying hit those keywords). The tenant ha...
Jeffrey J.
Accredited Status - Net Worth Requirement
Random question that I couldn't find when searching BP. When calculating your net worth for accredited status, how are investments in syndications treated? Are they completely excluded from the calculation or are we a...
Blake C.
Adding Tenant to Existing Lease
I had tenanted that moved in a week and a half ago. Its a young couple that have now decided that they want the girls brother to come and live with them to help share the rent and give him a place to stay. All are ove...
Jared Caplinger
Breaking a lease
My tenant wants to break his 12 month lease 4 months into the contract. What are my options and how have any of you handled similar situations? Do you refund the security deposit? what about the last months rent that ...