Dear Abby (a licensed Alabama RE agent/broker, RE attorney, experienced property manager - sorry, no offense to anyone else, but I need just the facts from this post, not guesses.)First, the law as it is written:Secti...

When selling a rehab with owner financing do you normally give a contract for deed or warranty deed. Isn't a contract for deed basically a lease option contract in some states? I'm in AL.

Seems like I would give the ...

Hello, I'm new to all of this and in April purchased a mobile home park that was full.  I grandfathered in all the tenants and they all signed my lease except for one odd exception.  The original tenant of one unit wa...

I'm not wealthy enough to do it alone and I was wondering if BP has designated a charity to support. I also know that a charity is a great PR stand. I'm confident it would add considerable professionalism to REI.

W...

I bought a property from the County Tax Sale. There is lady living in the house without paying rent or anything for the last 3 years, after the previous owner past away. I've been trying to help her move out of the ho...

My tenant moved in about one month who has been having her boyfriend staying overnight every weekend since week one. In my lease, it states "Residents may have a single overnight guest for no more than three nights pe...

Tenants moved in June 1st.  We gave them a month free because we were 2 weeks late in providing the rental.  We went on vacation right after they moved in and they failed to turn on the utilities in their name and Fri...

Dated: June 25, 2008

"Seasoning" for short sale, as compared to foreclosure, is TWO years, not FIVE years as with foreclosure.

I'm amazed...but there it is in black and white in unequivocal language. Now we can sa...

Hey bp friends!This is the thing I’m in Connecticut and I would like to work the pre foreclosure leads that supposedly they are motivated to sell so I don’t know exactly how long I’ll have to act on it before the lend...

Over the summer I've gone through lots of headaches trying to find and manage the right contractors.Here are some tips that have worked for me that I thought I'd pass on:1. Find a project manager - I have a full time ...