Paul M.
Hot water heater bypass
Looking for ways to provide short term relief for hot water tank (or combi boiler) failure so tenant has temp hot water while I seek out fix.When a hot water heater fails it is a big problem because the tenant has no ...
G. F.
Florida has over 500,000 pending foreclosure cases!
There is so much chatter about how the market is improving (case-shilling up, consumer confidence up, etc...). I think for Florida and many other area's, it's only half time.
If this article (http://www.dsnews.com/ar...
Phil Laundy
Burst water main advice
We have a duplex with two great tenants. 2 weeks ago both sides flooded due to broken water main in front yard. Of course it was my side of the meter so we paid about $2k to replace the entire run. Now the affected te...
Alex Dixon
STR Tech Stack
Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deploymen...
Zachary Harris
Lease Options? Wholesaling?
I've heard a great deal about lease options and wholesaling. I understand the gist of each method. Lease options are pretty much rent to own correct? Why would a seller choose that option rather than getting their ...
Mark Ferguson
My $800,000 flip is now vacant!
I bought a flip in November of 2015 that had a tenant in the home. I bought it for $535k with an ARV of $845k. The tenant claimed to have a ten year lease that was upheld by the courts after the foreclosure. The Bank ...
Matt A
Deficiency judgement after a short sale
Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
Hae-Yuan Chang
Looking for second property in Orlando
I've been a member for almost a year, and I love this community!I wanted to update on my progress, and reach out to connections in the Orlando area. I currently have one buy and hold property under my belt with my mom...
Amy G.
Underwater House, Can Motiv.Seller avoid ShortSale?
Hello BP,
I have a motivated seller who would like to avoid short sale, but has told me his house is worth 300K and he owes 600K! Initial research shows comps are $425K but house, purchased in 2000 is trashe...
Wagner Alcivar
Girlfriend as an FHA loan cosigner?
Has anyone ever purchased a single family home with an fha loan and had their grilfriend cosign for them? Can you have a friend cosign, or does it have to be a blood relative? I am in New Jersey.