David Lunsford
Post tax credit sales
Any thoughts on retail sales activity after the expiration of the tax credit? How is it affecting your evaluation of comps and market time? Is retailing just too risky right now unless it is a no brainer deal? Presen...
Kim Knox
Judicial Foreclosure in Oregon
Hi Everyone! If I purchase a judicial foreclosure that has a right of redemption, can the previous owner encumber the home with additional liens AFTER I get the bill of sale, but before the 6 month right of redemptio...
Erik Benitez
Why would sellers take out this clause in the contract?
Just had a seller remove a line from the contract which states that the seller is responsible for all open or expired permits and any liens on the house. Went back and forth with them. Checked public records, all perm...
Lois S.
Oakland Calif -12 month lease or Month to month?
With all the restrictions now on rentals in Oakland, CA - the only advantage to a year lease vs. MTM would appear to be that the LL can evict if a tenant refuses to sign a new lease that is identical to your old one (...
Zander Ayton
Insurance while flipping
First house, we are living in it while flipping. It’s a pretty big project but great opportunity. Having a hard time keeping insurance on the house though. USAA is saying that my insurance is going to expire in a few ...
Bobby R.
Flip the house or the note?
One of my yellow letters went to an owner where it's listed w/ an agent (he called me). The sellers want what the house comps for, let's say $100K. There's a buyer already in the house buying on land contract that d...
Moncy Samuel
How to increase Rent for a long term tenant
I have a long term tenant, who is paying $500 for a 2 BR, 1 Bath apartment unit. Current market rent is $950 per Rentometer.
I don't have an lease agreement with the tenant which was expired long time back.
Please ...
Kristy Oshita
Medical Office Building in North East
Hi I'm a multi family investor looking to move to investing in medical office buildings.
I'm looking at a package of 2 100% leased stand alone medical office buildings that has a terrific cap rate, north of 10%. The...
Bryce Renicker
Keep existing tenants on new house hack?
Hey Biggerpockets community,I purchased my first live in 2-flat in Chicago this past December and became a first time landlord. I live in one unit and the other unit was already occupied, with that tenants lease expir...
ToRena Webb-Thomas
Rental Increase Letter
I have a tenant I inherited in Dec 2015. I was told their rent included parking and storage in the basement. I wasn't given any copy of the lease and he wouldn't sign a new lease or TAW agreement for our Property Mana...