I bought a 8-unit apartment building; the value add is that rents are 20% below market value. My strategy was to buy, let the tenants go, rehab, and raise the rents. We gave notice to all the tenants (who are month-to...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...
I bought two turnkey rental duplex units in Indianapolis last year that came with a one year rent guarantee. The rent protection was thru AON and was paid for by the advertiser that markets turn key homes.
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I guess we'll see how that tactic works in November:
Speaking on health care Monday, Senator Diane Feinstein said, "I've gotten 90,000 emails and faxes on the health care bill and over 85,000 of them are against it. ...
Ive been staying in this house for over 18 months. Recently did a search and found the taxes (up til 2 years ago) was paid for by a finance company, then they quit paying them. I tried to find info on this company to ...
I recently purchased a 4 unit off market building for $231,000. It was originally listed on the MLS. The numbers in my eyes weren’t terrible so I requested a showing. The realtor wasn’t very helpful and the seller wou...
We're in a financial meltdown,imo and we keep hearing about that rotten Bush and the spending on Iraq war.
When will current pres start taking some responsibility for his part in our mess? According to the CBO, h...
Now that I have your attention, I'm open for suggestions as to how we avoid the inevitable.
I've been reading and studying up on the financial problems that keep growing here in the U.S. Here is an article that has s...
I have a rehab property that was close to completion when a cash buyer walked up to the property with offer and a bank statement in hand showing he had the funds to purchase. My business partner and I decided to accep...