Chris S.
Foreclosure Newbie Needs Help
So i have my eye on a property that has foreclosed and is going to auction next week. I visited the home, and it appears abandoned. The last owner purchased in 2000 for 325K, but i checked records and it appears tha...
Sara Cruz
Gmac sold to Ocwen horror!!
It gets worse. My Gmac mortgage was sold to Ocwen a few months ago. I just got off the phone with them...and the Indian guy tells me as of January 2014 my mortgage will go up $200 due to my escrow being negative......
Andrey Y.
401k scam or not? Taking the plunge..
I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
Charlie Moore
Name a time you kept MOST or ALL of a tenants security deposit
- Normal wear and tear is something I have trouble defining, I often have to pay 300-900.00 to get the home "rental Ready " again.- Have you EVER held onto a full deposit? Can you explain the context and situation
Fallon S.
Fighting to get deposit back
Hi everyone.
My husband and I are fighting with our rental company to get more of our deposit back than they are trying to give us.
1) We had to BEGthem for a walk through list 2 weeks after our walk through.
2) The...
Dustin Caldwelll
First Right of Refusal
I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...
Nadir M.
Taking over existing tenants
Hello Everyone,I am due to close on a property that has an existing tenant. Long story short, I found this property off market. The current landlord was to sell this property and would have needed to evict the tenant....
Justin Phillip
Out of state tenant application
I’ve just completed the rehab on a property and started taking rental applications. I’ve received an application via Zillow (with their credit/background check), and received what appears to be a very qualified applic...
Johnny Alvarez
Inheriting Tenant on first purchase
Hello BP,
Finally did it. Pulled the trigger and now I am 5 days from closing on my first property! It is a duplex in Chicago, with a long term tenant already occupying one of the units. The tenant has been there for...
Tim Ball
Separate Bank Accounts for Each Rental or nah?
Hello BP World,I am buying my second property which actually is a duplex. (Congrats). Thank you. I have a separate bank account for my first rental because I am taking the advice from Brandon's book on growing your...