Gerard Johnson
Commercial property eviction on tenant without signed lease
Good day guys. I am facing an issue I might have brought on myself. I have a doctor tenant that is renting out a commercial building. The initial agreement was basic for any general use of the property. Since this was...
Natasha Woods
Buying from a person in Bankruptcy - Chapter 7
Hello,I hope to purchase an investment property that the owner is going through Chapter 7 bankruptcy. I contacted the trustee, the mortgage company, and have been told I need to work directly with the owner, as the pe...
Shanise Kimbrough
Tenant reporting after move out
Hey, Im a new investor in Columbus, ohio and my first property purchased I inherited tenants that the previous landlord promised to evict and address but never did. I did eventually get them out but they left the plac...
Asit Sharma
Texas Landlords against Squatters Rights
Dear Landlords, As an investor, my biggest asset is my property. I have invested my life savings in real estate to earn a living, save for retirement and build wealth for my family. I know most of us have heard hor...
Andrew Duclos
FHA home inspection?
Hi all! I’ll be making my first multi-family purchase soon using an FHA loan.I’d love to hear feedback about the FHA home inspection process.Some of the main things I’m wondering are...Does the inspection cause any de...
Kristin Vegas
problem with rv mobile home property management
I hope you can help me with this question. I live in a mobile home park in San Diego County. The problem is that the property management has something against us and every so often it annoys us, takes away our parking...
Fab Saiz
How to assume a note
Scenario:
Property price 32k has 20k note at 4.5% on it. I want to pay 12k cash and take over the note. Is this possible if so how?
Thanks in advance
Robert Motch
Property manager reference-should I be worried
I reached out to a potential property manager and asked for references and below is the response I received. This seems like a red flag. Should I be worried? Thanks.We do not violate the privacy of our current owners ...
Linda Pierce
can I deal with a bank directly about a house I want to buy from a private person?
There is a vacant house I have been eyeing. I finally got to meet the owner the other day and found out she would love to just get rid of the house. The problem is when I run the numbers at 60% ARV, I come up with a...
Lindsay Repp
who to blame?
So a little background i recently closed on my first multifamily. it will be owner occupied as soon as the previous PM moves out (given to the end of aug) when I took over I sent a letter to all tenants explaining I w...