Perhaps I have been lucky to avoid this on the first handful of properties but I recently had my first dispute with a contractor. I received a bill for much more than we agreed to. I called several times to try to s...
Before we start... This post focuses on one highly technical issue related to syndicated investments: taking K-1 losses while being a Real Estate professional. I recommend you first read my earlier post on the overal...
So I just received a summon in the mail for an infraction 10 days earlier: the recycling was put out too early in the day. It appears to be for $110. I could pay it, or go to court and see what happens. I'm sure when...
Hey all,I have my first rental finally built that we paid for through private lending and equity through our personal house. The goal here is to have a lease signed, put a renter in there, and cash out refinance the ...
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Hi everyone, We have a property in Pittsburgh, PA (we are in California) where the tenant hasn't paid their rent for a couple of months. They have been good tenants up until recent medical issues and have fallen behin...
I am using one of those 1% listing services for a $215k condominium (pricing it very low to sell, great condition, just want liquidity) and am wondering do I really need to give the buyers agent 3% at this competitive...
A property that I've been following in pre-foreclosure for a year now has a set date for a sheriff auction in about 2 weeks. I've located the lender (out of state if that matters) and contacted them but I'm waiting t...
Looking for some perspective on management fee. Some background: I toured a 15 unit property with a pm rep and the company worked up a budget for the property based on something similar they manage. The budget has ...