Siona Webster
Deceased Renter Question
Hello,
I am writing on behalf of a friend whose father passed a week ago. He was very introverted and the death revealed that he was a hoarder (of books thankfully not like cats or food) and lived in a very under-car...
Mary Joe
What if tenant lets girlfriend or family members stay for free?
How do most people here handle situations where your tenant starts letting his/her family members live in the property ? or even the girlfriend/boyfriend?
I don't know if this only applies to New York or not, but ...
Belinda Stoner
Can I charge an inherited tenant for cleaning when they leave?
I recently closed on a two-family in New Orleans. My daughter, who attends school there, will live in one side, and I plan to use the other side as a STR. The tenant who currently lives in the side my daughter will li...
Scott Harper
Buy and hold success and labor
Members always discuss different avenues to real estate income. Buy and hold can be fun but also daunting work. I had two weeks to get a sf house ready for new tenants. The old tenants did not leave it too bad but it...
Joe KQwen
Newbie with a motivated seller
Total newbie, considering cashflow, appreciation not really considerable in this area.
In talking to the owner of an off market SFH that he rents to his daughter he tells me the house currently needs repairs he can n...
Moshe H.
How to Buy Abandoned House with Mystery Title
I came across a cute little house on a quiet side street marked "CONDEMNED" that struck me as someplace I'd want to buy. I figured I'd look up the owner and make a cash offer. I found the owner's name and address... a...
Erik Nosich
Tenants always have adult children in the unit.
Hey all, I have a situation that I need some advice on. I have an older couple (late 50's) that are themselves, great tenants. Always pay on time, great communication, and keep the place clean.
They have an adult ...
Brian K Akamine
Grandparent Gifting $60K for College Education "Leverage Option?"
Does anyone have Legal/Tax advice? I'm crunching some numbers and would like to propose to my mother-in-law who has already allocated in her estate plans to gift our two daughters $30K each (x2=$60K) for their college...
Walter Correia
Two family home conversation
I found a 1 family home at a discounted price in a decent neighborhood. The home was once a two family but the owners converted it to a one family and are selling it as a 1 family. After seeing the house I noticed th...
Scott Johnson
The Large Brick Home That No One Wanted...
Investment Info:
Single-family residence other investment.
Sale price: $225,000
We originally made an offer of $190,000.00 and went under contract. I sent it out to my buyer's list and my VIPs for $210,0...