Marco Pangilinan
Chicago Housing Voucher Tenants
Hi Chicago BPers - Looking for advice from other landlords who have had CHA tenants in the past:I bought a 4 flat in Wicker about a year ago and I inherited a CHA tenant. I decided to keep the tenant in place and the ...
Mark Buskuhl
Option to Contract or ?
I have a flip property on the market that has not brought anyone who qualifies conventional (FHA sweet spot $189k). The 91 day FHA flip rule doesn't expire until late September which means the contract can't be dated ...
Colleen Hagarty
Buyer in default - Seller recourse?
Hello fellow BP'ers! Hoping you can lend insight and feedback on the following scenario: Seller lists home = 5/26. Seller drops price 3.6% = 6/15 (21 DOM). Buyer makes full price offer at reduced listing price = 7/6....
Chris Reeves
Seller "withdraws" counter offer before written deadline - legal?
Hey folks,This situation has not happened to me before so I thought I'd ask to see if anyone else has been through this.
On August 16 I received a seller's counter offer on a property. The written deadline for accept...
JR C.
My tenant may file bankruptcy.....
Before I start, I do have an attorney and will absolutely follow his advise, but in the meantime, I would like to hear all the opinions I can on this issue fro the vast experience on this forum.I have a property that ...
Dan Reece
Get a commercial appraisal prior to shopping for a cash out refi?
I have 2 commercial properties that I’m looking at Cash Out refinances for within 6 months after owning them for over a year.
What’s the risk if I pursue my own commercial appraisal vs waiting on the bank to order i...
Timothy Burns
Rookie Landlord-1st time tenant Turnover how to handle
Hello all, I am coming to the end of the lease with my first tenant in a duplex that I'm living in, and plan on not renewing the current tenant's lease for various reasons. What is the best way to give notice and what...
Hunter Horan
Can real estate agents deny your offer
My question is, is it legal for real estate agents to not turn your offer in to their client? If I want to put in a low offer on a house that needs a lot of work and has been on the market for a very long time, cou...
Patrick Philip
What if my lease says nothing about notification of non-renewal?
I manage a trailer park. We are considering selling the land and all the trailers on it. Therefore, we would not renew leases when they expire. Our lease doesn't have any guidelines for this, and the Florida Statutes ...
Shiloh Greer
Assignment mixup (re-assigning and assignment)
I (an agent) was presented with a client from a friend, we entered an agreement and ratified a contract on a property. Cash deal. No contingencies. 2wk close. The client assigned the property to someone else (fine) bu...