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Soooo.. this is a complicated topic.
Complication #1- The tenant is a family member. Don't worry, yes, I had them sign a lease, a mold addendum, rules & regulations, and an addendum for drug-free housing...
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Attention: Beware of Non-Bank Fintech Apps
I hope this message finds you well. I'm reaching out to share a cautionary tale based on my recent experience with a fintech bank issue involving Yotta and Synapse. Currentl...
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I'm in California and just got my agents license so my plan is to begin cold calling in order to find listings. I'm wondering if I can have my wife help me do the same (however she does not have her license).
Is thi...
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This is another good short sale article entitled Short Sales Are Hot but They Also Incur Risk, Loss" from Mortgage Servicing News. Requires log-in...but free.
Some good bits:
-400K Short Sales a year. Over half in ...
Hi there - My problem seems pretty straightforward, but my tenant keeps asking for his damage deposit back so I want to be prepared in case he takes me to small claims court. The short version of the story:
January ...
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Hi, BPLooking for suggestions on what I should do with my townhome that I'm renting out. My tenant put in her 60 day notice today.I purchased it as my personal residence in 2008. Lived in it until 2014 and it's been r...
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I recently paid to close the sidewalk on a construction project in North Philly. Because we're near a school, I thought it would be safest to lock the site down while we did did demo and framed out a 3rd story additio...
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I am looking at a duplex to purchase in a good part of town. The owners have been trying to sell the property for 3 years. Even with the massive repairs the duplex needs, the numbers work based on rents for similar si...
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Somewhat odd question. I have a single family rental, which had updated plumbing about 20yrs ago, mostly copper, but the silly do it yourselfers have several occasions where that copper is touching steel duct work and...
Hi RE, I plan on renting and managing two properties this year. One of the homes is alreay paid off, and I plan on cashing out refi into the second home.It's now time to separate finances. I've decided to go with the...