John Miller
HUD has Kept My $5,000 EMD
In March of 2012 I attempted to buy a HUD foreclosure house. The house was misrepresented as a 2 bath home and had extensive damage not shown on HUD’s inspection or appraisal. After I had my inspection completed I can...
Matt Hadley
Tenant suing in Small Claims Court
I was recently a tenant in California. I have sued my former landlord in Small Claims court for the entirety of my security deposit, plus interest. I am looking for an assessment of who's likely to win at trial and by...
David Fritch
How ironclad is a letter of intent?
There is a mobile home park I've wanted to look into for several months. I stopped by and talked with the owner today. I had done business with her years ago and she is friendly. When I asked, she said that she had si...
Dana Holland
Help - First time landlord dealing with high maintenance tenants
We rented our house out for the first time ever starting last November. The tenants seemed good on paper and wanted to sign an 18 month lease which we thought was great to have it rented for so long. We had a water ...
Agustin Conti
Old Cast Iron Pipes Broken
Hi Everyone,
I am not sure if this would be the right Forum for my issue. I have tenants in a single family home in Hollywood, FL. and there are 2 damaged pipes. The house is from 1969 and the pipes are very old. I ...
Mohammed Nasser
Seller Is Not Signing Release of Earnest Money.
Hi all, I am located in California and found my first out-of-state investment property in Dallas, Tx. I went into escrow on a condo and for the final walk through, which was one day before closing, I decided to fly ou...
Bill Plymouth
Depression and Real Estate
Hey everyone. I'm sure at some point, the majority of you have had to deal with depression. Sometimes, it can be completely debilitating and throws me off my groove for months at a time. Let's be honest, shoving my...
Joffrey Long
Usury Expert Witness: California Mortgage Litigation Questions
This post relates primarily to California:
Hard money loans are often made at rates that exceed usury interest limitations. On hard money loans, California trust deeds can be exempt from usury interest limitations u...
Kevin Beres
About to make worst decision of my life
In four hours I will be finalizing a purchase of a home that I generally consider the worst decision of my life. I guess the decision is already made since I am going to the closing office to hand over my check. I mad...
Brie Schmidt
My first eviction!
I have my first eviction in Milwaukee and was hoping to get some insight on what to expectPrevious tenant vacated 12/1 New tenant moved in 12/20 - paid Dec prorated rent and a depositTenant paid January rentMid Januar...