Joe Pitrolo
subject 2 or Lease Option?
I am looking at a 3 br 2000 sq ft home that I think could safely sell for 155, 138 is owed and seller is behind 2 mos. Short sale is approved for 130 which is what seller is asking. My thought is that a subject 2 or ...
Christopher Lombardi
Breaking lease and subletting
What would you do in this situation? I have a tenant who quietly moved out and moved across country and got a bad credit tenant to sublet in direct violation of his lease agreement. Now I have a guy living in the hou...
Jason Hartman
Pet Rent
I love pets but have yet to see them improve the value of my properties. Are you charging "pet rent" on your rentals? I'm pretty easy going about accepting pets but try to charge $25-$40 per month for each pet. In ...
Kristina Anderson
Seller can stay 30 days?
Hi All! We are OOS investors in the Columbus market and about to close on our 20th unit. We wondered if it's standard practice in purchase contracts of SFH to allow a seller to stay up to 30 days in their home before ...
Tomell Johnson
Multiple applications
I apologize ahead of time for the long post but heres my situation...
I am renting a single family home and I have accepted an application fee and screened a couple (recommended approval from SmartMove) who are reloc...
Peter Sik
Security deposit disposition sent. Due date needed???
PM sent Security deposit disposition without mentioning the "pay by date" to the previous tenant. Saying the following:"Regarding the security deposit disposition on xxxxxx .Although not mentioned specifically, the am...
Ian Hamrick
first rental property done. Ready for the next step.
I recently closed and am renting out my first property. I am being told by many people that I will have to wait years to build up capital and equity to invest in my next property. I believe that I don't need to wait a...
Brandon Bohland
Subject To Question
I have a seller willing to do seller financing. I let him know that if any time I miss a payment on his mortgage, he would have the right to take the house back, along with all of the equity I've paid down while I'...
Eddie P.
How Can I Secure My Profit?
Afternoon to All,
I have a potential deal on the works and was wondering if I could get some assistance. I have an investment group interested in purchasing a SFR w/ market value of over $1.1M. I have a motivated sel...
Chris Paul
Security Deposit Owed if Never Received?
Hi all,This is a strange situation that I'm hoping someone can give me a sanity check on:I purchased a home last year from a well-known company in Chicago that was forced to close earlier this year. The home was occup...