Minna Reid
REO's and assignments
Will banks consider offers with the buyer being myself and/or assigns? I recall hearing they dont like that....but at any given time I have at least 3-4 offers standing on REO's and in the incidence they got accepted ...
Jessica Murray
Tenant hasn't transferred utilities and is late paying me - help!
I let A__ move into the upstairs unit of a duplex in exchange for doing a years' worth of renovation work (which she did in the first two months). Even though her lease states that she was to get gas hooked up by Octo...
Gary Jones
Selling: attorney for less than $100 - legit or not?
After we put our property on sale, we started receiving in the mail offers from local attorneys, all below $100. At the same time, 2 minutes' research shows that the regular cost is above $500, and that's the ballpark...
Matt Schaefer
First Rental Unit...Still waiting for a tenant to sign a lease
My fiance and I just bought a duplex in Highland Park, Los Angeles that came with a 600 sq. ft. bungalow. The unit is completely separate from our front house and doesn't have any shared walls (2 house on a lot). We...
Dominic Watler
Legal action? Underrated Septic System not disclosed by seller.
Due diligence is ringing in my ears right now.
I purchased a 2300 sqft, 6 bed room,, 4 unit multi family on the MLS in June of last year and have just completed a beautiful full rehab.
Only now to find out ...
Sarah Kuppert
Tenant keeps food and trash in room despite agreement not to
Hello,
I need some advice. I have a tenant who is renting my spare room for 2-3 months right now. She lived here since June 25. We have a signed lease until the end of July and she wants to extend it until the end of...
Sumit Sehgal
Protest Property Tax
Hello all,I received my property tax bill for 2022 (Bexar county in San Antonio).My property tax is significantly higher this year than the last year which has now made the property's cashflow negative.Anyone know of ...
Cameron Riley
Largest security deposit you ever charged?!
What is the largest security deposit you have ever charged prior to move in? Why did you charge this amount?
Jeff Sims
What kind of car do you drive?
Just a fun post here. I have been a SFR investor for 15 years and now have $2M in rental RE while working a full time career. The cash flow was tight for years it seemed but the snowball of debt paydown is rolling b...
Ben M.
Hard money lender asking for LLC
I am a newbie and looking into getting my first rental property investment. I was not planning to sign up for an LLC but I was surprised my hard money lender requires this. Are all hard money lenders like this? What a...