Quynh-Chi Nguyen
Agent said to skip asking for the permit
I am currently under contract for a single home. It will be my primary resident. The property does have a one car garage that is not listed on the property card. My lender requires the seller to provide permit and hav...
Shane Alexander
Why would a home buyer waive contingencies on a house which has a lot of problems?
I'm puzzled. A relative of mine listed his home for sale "as is". It was built in the early 50s and no repairs have ever been made on it. It's been repaired esthetically (new paint, crown molding, ceiling fans) but...
Skylar Como
Assumable mortgage? How does that even work? 203k?
Hi!So Ive been banging my head against the wall for months trying to figure out how to obtain my first investment property.Looking for owner occupied.If FHA, I understand mortgage may be assumable. Just an example, If...
Michael Filson
Seek Advice on Valuation Challenges
Hello all!I'm part of a group that owns 10 commercial buildings in San Diego, CA. The time has come to buy out two of the partners, but we're struggling with the valuation. The buildings are unique, old, all different...
Chris Villegas
Hoping for Experienced Advice on Turning Over Tenants
Hello all,
Im hoping to get some thoughts from some experienced Landlords on your processes for turning over tenants. I am managing and maintaining 10 units currently and have been for a little over a year so I am st...
Chad U.
Transfer Tax in Pennsylvania on QCD's?
We purchased a non-performing note a few months ago that was slated for foreclosure not long after the note purchase. It was so close in fact, that there wasn't enough time to do a Substitution of Plaintiff and an As...
Charles Andrews
Trees in Mobile Home Park - Looking for advice
Hi AllI'm looking at a very small park (5 units, no park-owned homes, 100% occupied). It needs work, but there are a couple large cottonwood trees that are pretty close to the homes. My inclination is to have them rem...
Sam Leon
Is there a way to banks' left hand talk to their right hand?
I am having a real frustrating time dealing with the banks who's servicing my loans on two of my properties as it pertains to insurances.Property AThe bank insists of paying insurance (regular, windstorm and flood) th...
Debbie C.
Alternatives to a real estate agent when selling to tenant
We are planning to sell our property to a long-time tenant of many years and are looking for some assistance with the selling process. Because we’re pretty comfortable with this tenant, we would prefer to not use an a...
John Volpe
Pennsylvania - accept or reject leases in an acquisition?
We just put a property under agreement. It's a triplex. All units are currently rented, however, I just received the leases from the seller and there were no security deposits or last month's rents collected. Do I h...