I’ve got nightmare tenants in my rental property. The septic keeps backing up into the basement shower. It took a month of doing multiple repairs to septic, laterals etc to figure out the problem. We started snaggi...
As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the b...
This is not my first time finding out that a property I had UC had too many deferred conditions. But it's the first time I'm not getting my earnest money back.The sellers accused me of acting in bad faith. However, th...
I am new to rehabbing and haven't done any yet, but before I do my first single family home I would like to understand licenses and insurance better. Assume I want to rely on the hired help to manage as much of the...
Can someone please help me understand the the reason why these low cost properties are so popular?
It seems that many people are purchasing these low cost properties that generate a net positive cash flow of about $...
Hey all, I am relatively new to the group. I am very impressed with the experienced professionals here and am glad that I stumbled upon this site. I am a seasoned real estate attorney and enjoy not only practicing la...
Well guys..what can I say. The fun never ends. Day one with a new tenant in my duplex, and the tenant next door text me that her unit smells like weed. I lived next door to my tenant for over a year and she doesn’t sm...
I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...
I posed this question on a recent forum post and got this response:To address your question we have to pause on the idea that you implied of "perfectly good". Is perfectly good the simple notion of payment history? ...
Got a call from a tenant telling me that a blade on her ceiling fan flew off and almost hit her. I apologized but went silent when she said she wanted to be compensated for the mishap. I told her we would talk about i...