Paul Winka
Foreclosing: How to handle current tenants before the auction?
As a lender, I have a delinquent borrower that won’t pay and I’ve begun the foreclosure process. I am prepared to make this my own rental property if the auction doesn’t work out like I want.
The house is occupied,...
Mike Fontaine
Drug dealing adopted tenants
Hello everyone, I am looking for advice on how some of you have addressed problems of drug dealing in your apartment. I am a property manager in MA and we brought on a client that adopted tenants that he wanted to kee...
Account Closed
End buyers using private/Hard money
if my end buyer uses funds from a private or hard money lender will that interfere with me flipping the contract in anyway or potentially cause any problems?Please no negativity or discouragement just simple clear cut...
David Smith
Is a potential renter's total debt a liability or blessing?
I have a potential renter who makes 6k monthly, almost an 800 credit score, 96% on-time payments, 60% credit used, and $370k in debt. Would you lease to this renter? Would this renter be considered a liability or a r...
Robert Bystrek
Contacting Sellers Represented by an Agent?
Hi all. What are your thoughts on contacting sellers directly that have property listed with a broker/agent? Many times I read that going direct with sellers produces some of the best deals, but what if it's listed wi...
K C
Agent Vs. Investor
I currently have a real estate license and am studying to obtain a broker's license. I have also decided to focus my attention on investing so my question is.....
Would having a real estate agent/broker license inter...
Kyle Pettit
Owner Carry Contract
Need advice on owner carry deal. I'm trying to structure a deal using an owner carry. The property is new construction and unfinished. The current owner states she cannot do an owner carry because she is on fixed i...
Corey Graham
Partner with investor or Private Lending/Hard Money Lending?
Hello Fellow Investors, I am looking for some guidance, I am building a proposal to present to investors. But I am curious from people who have some experience or have partnered with others who provided the capital ho...
Stephen E.
Lease Breaker with vague threats
I currently have a married couple as tenants who are breaking a lease eight months early. I have made them aware that they are liable for rent until the unit is re-rented or the lease term expires, whichever is so...
Steven Sego
How to determine the right way to approach a good deal and how to recognize it?
I havve the opportunity to purchase a property. The MV is approx. 180K the owner will accept 140K. The remaining payoff bal. is 110K. The prop. is in preforeclosure. The owner is motivated by gettin a divorce, and is ...