Eric Allan
Paralysis by analysis
Writing from Chicago.I've been fumbling around with the idea of real estate investing for a good long while.
I've figured out that what I want to do in real estate is to save interesting, neglected old buildings and ...
Kyle Lofland
QUESTION ON MONTH TO MONTH LEASE-- NEW JERSEY
Question for the forum.. I have an investment property in Union City on the market... 7 apartments and 2 retail store fronts.. Each tenant does not have a lease.. they are all month to month.. In New Jersey, how easy...
Matt Doepke
Amending short term rental ordinance
The city I live in recently passed a law prohibiting short term rentals. This is hugely disappointing as my wife and I recently updated our lower level to rent out on AirBNB. Before I have the conversations with city ...
Tom Chen
New York Landlords fighting back!
NY politicians are crazy! At least the landlords are starting to fight back!https://www.newsday.com/news/region-state/rent-control-lawsuit-new-york-1.33902306
Account Closed
Problems with condo financing on the Big Island -- Waikoloa Beach
Hi everyone,We are in escrow to buy a condo in the Waikoloa Beach resort area on the Big Island of Hawaii. Specifically, the Waikoloa Beach Villas. We just found out that the these condos are ineligible for mortgages...
Soniel Estime
Would you do this Deal?
I am currently trying to close on a deal where the appraisal came in low. I am the buyer and the seller is currently contesting the appraisal but isn't providing any good comps to overturn the initial appraisal. The p...
Ray Slack
Help with buying Mortgage/note in Florida with LOST NOTE
I'm looking at buying a mortgage in Florida but the note is lost. The seller will sign a lost note affidavit but not sure what good that is. I know you used to be file a lost note affidavit and court would allow yo...
John Underwood
Creative way to evict a tenant - Legal?
I was just typing up my notes from a 3 day real estate seminar that my real estate club sponsored and a light bulb turned on.So some background:I purchased a house that had some title issues because of tax deeds in th...
Mark M.
Can Abandoned Property Removal Costs be deducted?
I am not sure on the specifics regarding the costs associated with tenants abandoning personal property.
Since we have 30 days to refund the security deposit, and if the tenant does not or refuses to claim any abando...
Jake Kucheck
Lawyered!
Well it had to happen sooner or later...
One of the properties we bought at auction responded with a strongly worded letter from the attorney that was trying to prevent the foreclosure. This was to the effect of the...