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(Not legal advice; just relaying my own experiences & understandings)When a borrower files a Ch 7 or Ch 13 bankruptcy, there is an automatic stay against all creditors from collecting on the filer's debts. As a le...
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I was wondering if it is legal to prohibit access to the basement in Massachusetts. I've seen and heard a lot of owners putting that clause in the rental agreement. Also, in case the tenants wanted an answer as to why...
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Hi everyone.I switched from a W2 to a 1099 recently. I wanted to take out a 30 year conventional loan from caliber home loans. I applied to other banks also. I do not own any property. Credit score is excellent. 250k ...
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I am curious what others are hearing and doing during this coronavirus time. Personally I am watching what businesses are being forced to close. I am not sure what I will do if my tenants are impacted. I may wave late...
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It seems that a lot of the government's response has been to 'pass the buck' to landlords instead of equally distributing any hardship. Remember 'tough times don't last...tough people do.' I'm letting this whole vi...
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What happens to availability of investor capital during a real estate recession? Do hard money loans, bridge loans, 30 year commercial fixed loans for rental properties, fix and flip loans, commercial lines of credit,...
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Hello,I am a fairly new landlord, with my second round of tenants. My first tenants were amazing and I wish they could have stayed forever. My new couple, however-have been full of excuses. After much thought I gav...
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So I am where so many other people have been and are today. I have struggled most of my working life to make ends meet until one day I had enough! I decided to try to go into business for myself and break the 9 to 5...
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What is the most effective and convenient way of collecting rent money from your Tenants?
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Noticed that the principal portion of my mortgage payment went DOWN from Feb to Mar. Looked back over the last year and it kind of jumps around, not always continuously increasing. Called the bank, they said it was ...