I am in process of purchasing my first investment home. There are tenants in the property right now, they have been there for 4-5 years and they are asking if i would consider for them to stay. Their current rent is a...
Investors,there are no right or wrong answers to this question, everyone please feel free to answer. In your opinion, what do you think will happen to your local, or national real estate market in the next year or two...
Hi im looking for some advice here. so heres my scenario theres a house in default the owners have missed a mortgage payment of $1200 they bought it 2yrs ago and have very little equity because they bought it over pri...
Hi guys. I'm from SoCal and in contract for my first deal - a 3 duplex package out in the mid-west. The inspection report came back and the block foundation for two of the properties are in poor condition. Some of ...
Hello,I am currently in escrow for an 8-unit "C" property in Central California and was hoping someone could help me with something. I received the property's one-year P&L statement today and there were a lot of l...
Hello to all,Need some lending advice.Was supposed to close on a property on Thursday, with a Fannie Mae conventional loan. Had already signed etc. Bank was supposed to fund Thursday and official closing Friday. On Th...
I own a 6br pool cabin that sleeps 20+ and am going through the process of adding sprinkler system to bring it up to code for >12 occupancy. However I just received a very concerning letter from the Fire Marshall ...
One of my rental properties in Kansas City is managed by a property manager. My recent monthly owner statement included a $443 charge for replacing a kitchen faucet. Seemed excessive to me so I got a breakdown of th...
We no longer rent to smokers but we used to rent to smokers with the condition that they smoke outside.
We have a tenant that is a from the time that we rented to smokers. They have been good at only smoking outside...
I have experience with working class and lower income areas. But what about ghetto, warzone areas. A lot of burned out buildings, people using/selling drugs all over the place, frequent shootings (almost one a week it...