Ian McNairy
Question about Tenant estoppel - first time investor/landlord
Hi All,Happy to say I just closed on my first investment property. Its not been an easy process. As part of the deal we received an estoppel for the back house tenant. After closing we gave 30-day notice to this tenan...
Account Closed
Can an investor help facilitate a short sale?
Greetings BP,
I have a grass roots lead in a very nice neighborhood in Portland, OR.
The homeowner hasn't made payment in 4 years! The unpaid principal balance represents just about my exact MAO in orde...
Patrick M.
Covid-19 extortion by tenant
Not sure if this was mentioned here... The lesson from this is that the landlord should have evicted in January. I hope that more of the "wait and see" landlords are learning from these moratoriums. Don't sit on your ...
Autumn Whittington
Renter not informed that maintenance worker was a convicted felon
About a year ago I (landlord) decided to repair a deck to one of my rental units that needed repair. I chose to do this myself with help from my father who volunteered to help. We have had a troubled relationship for ...
Sohil Shah
New Renters moving in
Just rented a house and the move in date is July 1 2020 but the tenant is asking to see if they can move in some of their items on june 26th 2020, should I let them in earlier to move in their stuff or wait till the m...
Kenos Duff
How do you know how much you should pay a Realtor out of your wholesale profit?
I have a Realtor i am working with and she seems to be really fare. She said she has worked with a lot of wholesalers before and that is a plus for me. She also said she wanted to make sure i get to keep the MAX amo...
Eric Fung
Need help making a decision
Buying a wood frame stucco finish vs brick in Brooklyn ny. If I have a accepted offer for a wood frame stucco house do I buy that or wait for brick house that 100k more expensive with tenants that will be looking to m...
Tommy C.
FHA 3.5% Down Requirements
Hi all,Does anyone know if you are allowed to finance the construction of a 4 Plex using an FHA loan and then use your own funds to build out the basement into an additional unit or two?? This would mean that the FHA ...
Adrienne G.
Pets allowed vs. No pets policy
Hi everyone,I'm wondering what you landlords are deciding when it comes to the pets vs. no pets policy, and why you decided on it? I'm looking into buying a long term multifamily house with 2-3 units as my first inves...
Barry Ratliff
Is there a law against buyer obtaining seller short sale approval letter
Seller has SS approval letter but buyer wants copy of it. Does anyone have experience in buyer receiving the sellers letter? Buyers will feel more comfortable to do inspections so they can go to closing.