I am the listing agent in this deal.  Property is under contract, buyers agent today sens me an insane inspection addendum asking or 40 items and additional credit.  The total of which is about 20% of the total value ...

My question:

I have a SFR that I bought in 2006!

I have had same tenant in their with no vacancy.
My mtg is a 15 year amortization PITI $1,300
Pay the PM $84 (8% of rent)
Rent is $1175

House is work approx 190k

L...

Short form: I suspect my tenants of "faking" water in the master bath / bedroom. We had redone the entire bathroom while living there, and did not notice any water issues. Tenant has been in 2 years with no water issu...

Attorney won't return deposit!

Hello everyone,

Buying: I have been reading for long time, and finally made my move last month. I placed several bids on a townhouse, and finally got it for 123k. 6k needs to be pa...

I am a real estate broker in CA and have been investing in residential RE for over two decades. Bought and sold a couple of dozen properties over the years using my own real estate license. Now I am planning to buy a ...

Hoping someone could fact check my work.

I just created a spreadsheet to help me to evaluate deals. I'm still not 100% sure I've got everything down, but tried to be as comprehensive as possible. Even went so far a...

Last year I was approached by a gentleman that had purchased a low income 3 family house occupied by a low income disgusting families. Before I took on the building, there was 8 feet of garbage alone in the back yard....

This will be my first big purchase and it's a bit quirky so I'd be interested to get some outside opinions.

The properties I will be purchasing are 3 semi connected row houses which I will be managing for cashflow. M...

I called my mortgage broker this week and learnt about yet another emerging trend that gave me goosebumps! He told me that the agency lenders are now becoming more particular about having key principles on deals the...

I have run across a head scratcher....A property owner in New Jersey dies and wills the property to his son who lives in New York. The property is valued at $450k. There are two mortgages totalling $160k in the father...