I know that it is illegal to discriminate against potential tenants based on any of the protected categories (race, national origin, etc). Are there any other reasons that I CANNOT reject a candidate for?There's a pot...
Why would a bank or anyone take a second mortgage? If things go bad wont the first lien holder get everything? The only thing I can think of is that the market value of the property hopefully increases past the ...
Sorry, but I am going to use this medium to vent. Two days ago I learned that a Driving for Dollars spreadsheet I spent countless hours creating became corrupted and cannot be fixed. Ughhh! This has come at a bad t...
With rates 6.5%-7%, especially for investment properties right now, I just read about assumable mortgages where you simply take over the mortgage of the seller when you buy the property. How does this work? Can anyone...
It is a bit unclear to me what property managers provide in its fee - does anyone have experience in this area and can share?some specific questions that I have what happens if someone is needed to be evicted? I under...
Renovations and dispositions before the financial world fell apart…
As my partner and I both realized we didn’t have a lot of interest in running the operations of our real estate investment company, we began the pro...
So I've been searching and haven't found much around the topic of assuming another person's mortgage. I have a friend who is moving and originally purchased his property with a Standard FHA loan. I'm attempting to a...
The street is dead, How to bring it back to life.Here’s the deal, I’m looking at a street that could have some good numbers building and selling duplexes/triplex in a cul-de-sac, I believe there is need for the town.T...
I am looking for an article I read on BP years ago that didn't apply to me at the time but now it does. The article was about creating a packet of info to forward to the mortgage lender that contained all the info ne...
Hey everyone,Yesterday I finally signed a lease for a unit I had vacant for a few months. Over those few months I had 5 applicants who paid the application fee, knowing the minimum qualifications to rent the property...