Kathy Braschler
How do you flip wholesale deal when bank says "no resale before 90 days"?
In a wholesale deal how does one get around the HAFA guideline that states "the buyer agrees not to resell the property before 90 days" (especially when you intend to use hard money)? Is this condition ever negotiable...
William "W.J" Mencarow
This may be a better way for you to hold title to r.e.
One major problem with owning rental real estate is liability. People can sue you for any reason — or none at all. If you hold title to your real estate personally you could lose everything. That’s why most real estat...
Stone Teran
How to deal with a threatening tenant?
I have a tenant who is getting very threatening with me lately. He gets near my face and asks for things and then he mumbles ghetto quasi-threats as he walks away. He got behind on his rent so now I am kicking him o...
Daniel D.
Raising rents and feeling guilty??
Hey Everyone, I hope i put this in the correct category.
I generally do not do yearly rent increases on my properties if the tenant is clean, pays on time, and is overall a good tenant. I might raise 2% every 2-3 ye...
Samuel Shipley
User Stats & Votes
I was hoping somebody wouldn't mind providing a brief explanation of the user stats and their purpose, especially the "votes." And if someone could provide a link to that information that would be great as well. Thank...
Jen W.
Renting to folks with pitbulls
This is me and my husbands first out to market rental, potential tenant inquires if we allow pit bulls. We have another tenant that we inherited at purchase of property that has a pit bull and poodle. Property is a ...
Colleen Sheridan
Helping a tenant in a foreclosed property
I am trying to help an elderly (70 year old) gentleman purchase the property where he is a tenant. He has lived there forever and did not know the property was being foreclosed until a truck showed up one day to tell...
Ashley Wallace
Help me figure out why we can’t qualify for a loan.
My husband and I own our house outright. We have a HELOC on the house with an available line of $330K. We have $120K drawn from it right now. We also an investment property under contract to be sold for $815K. We owe ...
Chris Hughes
Tenant is in poor health...
I have a tenant in a rental property in Florida. They are about 6 months into their 1 year lease. I found out a couple days ago that they suffered a heart attack and are in the hospital. They are elderly and in po...
Account Closed
Chicago Basement In-Law Unit
I'd love to get everyone's thoughts on renting out a basement in-law unit in Chicago. I am looking at a two flat on the north side, but the numbers only work if I convert the basement into an in-law rental unit. I kn...