Jon Waters
Buying Property with a non-paying family tenant? How to handle?
A motivated seller called me and wants to sell his small 600 sq. ft. home within a couple months. He says it's renting for $800 a month.
I go look at it, seems fine..
I meet with them later in the day and find out t...
Brenna Wood
First Time Landlord Needs Advice
We are about to endeavor in the landlord world. We just listed our property for rent on Monday and have a lady coming to look at our home tomorrow evening. Is there anything I need to do to prepare for her visit?She t...
Shannon Elam
Lease Option Tenant
I have an interested lessee to do a lease with option to buy agreement. We ran a background check with a tenant screening website on both the husband and wife. The both have credit scores between 520 and 550. Their in...
Robert Boyd
I need to vent
Hello everyone,My first offer wasn't accepted. It wasn't rejected. It wasn't countered. This property has been on the market since June. I drove 26 available properties in the area, I analysed 3, I made an offer on 1...
Jennifer Hamon
Bad landlord from my past has me reconsidering RE investing
For the last 6 weeks or so I've been studying RE investing intensely and trying to settle on my medium term strategy. I have about a year before I'm in a strong financial position to buy my first property and I want t...
JD Martin
Minneapolis & St. Paul pass rent-control measures
From today's Wall Street Journal:https://www.wsj.com/articles/m...This might be a boon for existing residents but everyone coming down the pike is going to have a lot of pain. Some units will just disappear from the m...
Lilith Wolfersberger
Tenant Claiming Service Animals after signing pet lease
Hello,
My tenant signed the lease at the beginning of June, to move in mid-June. This lease included a pet addendum for her 2 small dogs. Now that the first full month's rent is due (after she has already had the ke...
David Haynes
Hometown Bias: The Enemy of Successful Investment
I grew up in a small Alabama town where it was rumored, "Everyone born here stays here." The prophecy didn't prove true for me, though it did for many of my old friends. I just couldn't get used to chewing tobacco and...
Enyi Ajoku
Discrimination Claim Made Against Me
Hello Everyone,I recently had an apartment put up for rent and have been going through the process of looking at potential tenants. I got a lady who came to look at the apartment. She kept on talking about how she lov...
Donna Drake
Serious Misinformation
Hi, all,
My closing date has been extended to the 29th of September as my buyers buyer is shy 10K on their loan.
I had two offers, and chose the second offer because she was supposed to be a CASH sale.
This is not ...