Anthony C.
Insurance Company Demanding Roof Replacement
I have been notified by my insurance company that they are cancelling my policy due to "the dwelling roof has curling, lifting and granular loss shingles." I had a roofing contractor inspect the roof and give me a quo...
Dan Oakley
legal non-conforming status
Hey all, I am looking at a park that has a legal non-conforming designation. The reason being lot size. Minimum required is 20,000sq/ft per home as of 2001. Nearly half an acre. The park was finished in the late n...
Betty Klein
selling home at a loss
I am currently trying to sell my home in the Grass Valley CA area and my realtor tells me I have to take a 30K loss!
Jeremy Able
need help with terminating senior citizen lease in Texas
My mother has lived at an apartment complex for over 20 years. They have recently changed management. Her lease was due to renew several months ago, but nobody gave her a renewal amidst the chaos of changing manageme...
Andy Mirza
What's the latest experience for NPN pricing?
We've got another month of capital raising before we go into buying mode for NPNs. Our latest information is that NPN buyers are expecting 8-15% discounts from pre-pandemic pricing. Are sellers accepting that?We know ...
Ramon Flores
PM allowed lease to start after 1 month - Is this normal?
Hello everyone I have a property management question. My SFH was listed for rent on 8/15. On 8/17 I received a notification saying that they found a tenant and the lease starts on 9/17 and ends 8/31 next year . Now I ...
Bienes Raices
Big problem with HUD house
My offer was accepted on a HUD house, and (as an investor), I made my $500 non-refundable deposit.
I've now been notified that if I want utilities on I have to pay a $130 dewinterization fee and buy a general liabili...
Vikranth Biradar
Qualifying for Depreciation using STR
My short-term rental is out of state but I manage it remotely (mostly guest communications and troubleshooting issues) and if I include in that the time I spent getting it ready to rent, I would say I materially parti...
Ryan Moses
Are we seeing the last of short sales?
One of the incentives of a short sale was that you got a tax break based on an act passed by Congress in 2007.
Short sales are classified as debt forgiveness, therefore in a normal situation homeowners would have t...
Lafi S.
Short Sale Buyer wants to close in his name
Hey guys, so I have a cash buyer on one of my short sales that wants to close with the bank in his name. We already agreed to a price and he showed me his POF so I know he is serious. Now the bank is asking me to subm...