Jorge Liang
Tenant Fleas (Pest) Complaint
Recently, my tenant has complained about fleas on his dogs from stray cats out in the front yard. The tenant has requested a pest control company to spray the front yard. I am sympathetic and plan on covering the cost...
Jamil Khan
MINNESOTA BILL ALERT: SF 365 & HF 685 will make it illegal for most investors to...
SF 365 HF 685 will make it illegal for most investors to buy an owner-occupied single family house, duplex, or triplex and rent them out. Contact your representatives!
Account Closed
New SFH Rental. Insurer underwriter is asking A LOT of questions.
I am an out of state investor, self-managing a rental in another state. Suddenly, my Insurance company (who already binded my policy on closing) is starting to at concerned and is asking A LOT of question such as who ...
Victoria King
Lease to own risks and advice please!
We have potential renters who want to lease to own. They can afford the monthly payments but don't have the downpayment for the house saved yet- they have a plan to do so in the next year.We offered to allow them to r...
Paul Stewart
Escrow for Repairs process with a REO
Hey So I have been in negotiations on a foreclosure property. The property needs about 10k in repairs in the property. The price they are asking for I believe in my opinion is the ARV price. The Bank is offering a se...
Lyle Cooper
Condo Board reluctant to share Financial records
I own a condo in NYC and I am about to undertake a kitchen renovation project. Total renovation cost will $20,000. The condo board wants the higher of 3% or $6000 as an alteration fee. Another $6000 puts the job al...
Daniel Suarez
House Flooding responsibilities
I purchased a new home recently in Baltimore and placed a tenant. There was a huge storm yesterday and the entire basement and main floor are flooded because the house doesn't have a sub pump. We brought a plumber to ...
Jeff Kelly
Get Delayed Financing, then subsequently get cash-out refinance?
Let's say someone pays cash for a property (and for the rehab) and then gets Delayed Financing for 70% or 75% of the purchase price (and rehab) soon after purchasing. My question is whether that person could then get ...
Eric O'Brian
How much commission should I ask for providing leads to Property Management Company?
My mentor / business partner who is showing me the ropes in RE is starting his own property management business after being in the real estate game for 13 years.
He is offering me a job in said property manag...
Adam Garcia
Should I do this deal?
In my previous thread I asked about getting around fha owner occupancy requirements with traditional funding but the best anyone could come up with was basically taking out a private/hard money loan.I have a property ...