I need advice or someone to talk me off the edge of the cliff. My tenant had been one month behind in rent since August of 2014. I realize this is my fault for renting with a heart instead of a business purpose and ...
I am self-managing my single-family home rental in Fresno, CA. My current tenant just notified me that they would like to move out by the end of next month. However, their 1-year lease is effective for 6 more months a...
I'm trying to push this deal through. The potential upside is enormous. The short term is challenging. What are your thoughts?Asking price: $127,000Triplex, fully rented, owner occupiedMain floor (and full basement): ...
What is your favorite way to repair credit? Have you used a certain strategy that worked really well/increased your score significantly?I'm not looking for the credit repair equivalent of a get rich quick scheme. I'm ...
I want to fire my property manager because I suspect that he "nickle and dimed" me as I am an out-of-state investor.
But, there is a problem. In the management agreement I signed with him, there is a clause that say...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
I have a friend whose, daughter is getting her first apartment. She only makes 2 times rent and they require 3 times as most do. They would accept her if her father (My friend cosigns). I have not done cosigners so I ...