Arthur Banks
Driving for Dollars. Now what?
I've been driving for dollars and am have a few homes I need to find the owner(s). If/once I find the owner, I'm not sure what I should say in the letter. Is there a sample letter I can download or can someone giv...
Joseph Pike
Writing my first letter to Local Mobile Home parks
Hello B.P. world. I am wanting to write my first letter to several mobile home parks located around me. I don't exactly know how my first letter should be to them. I have written to home owners about purchasing the...
Linda Garcia
Seller Financing question! We are the sellers.
My partners and I have a piece of land almost ready for permitting for a multifamily. Our agent wants us to counter much higher take a chunk down and carry $4MM @ 10% until the construction loan or a deadline we defi...
Account Closed
Verifying Executor of a Estate
I am in NC and have a house on the market. A local agent brought a cash offer from a buyer which is very attractive. I have verbally indicated that I will accept the offer provided the buyer produces proof of funds. H...
Carrie Herrmann
New rental property for us with tenants who won't sign a lease
My significant other and I have a lease to own rental property. It's an older 4 plex. Long story short, the guy we bought it from had NO leases. We are trying to get the renters to sign a lease, but they aren't wor...
John Arendsen
For Folks Living In RESIDENT OWNED Manufactured Home Communities
Frequently Asked Questions:Q. Does our condo park and association need to become approved by FHA or HUD before FHA reverse mortgages can be insured? A. Yes. The HUD Mortgagee Letter issued new guidelines for manufactu...
Jeff Jenner
Tenant Parking in the Common Driveway
Hi All,We own a triplex in a Chicago suburb that has 4 parking spaces in the rear that are accessed by a common driveway. One of the tenants keeps parking their car in the driveway for any length of time, sometimes ov...
Shuwei Wang
Question about documents needed for conventional mortgage
It's my husband and my first time buying rental property. We are under contract for a duplex right now and our income can easily qualify a conventional mortgage. I did not know that when I was young my mom bought prop...
Dee Cee
Door Knocking Safety
Hi All,The recent tragedy of the realtor that was killed while showing a home serves as an unfortunate reminder of the potential risks posed by door knocking. I never go alone; I usually take my sister. Even though...
John Santos
Condo Insurance Claim against me by neighbour
I own a condo that in New Jersy. Due to water leak in my condo the neighbour downstair had his ceiling damaged. His insurance company paid him a claim of $950 and sent me a subrogation letter that now I owe this amoun...