Brendon Bourne
Closing Day Best Practices - Inheriting Tenants
Hello. I am closing on a 3 unit multi-family today and am inheriting 2 tenants (one section 8). I wanted get advice for best practices on for day 1 landlording as this will be my first time being a landlord.Any sugges...
Brandon Purdeu
VA's to make cold calls
has anyone used a VA from upwork or another website to make cold calls to FSBO's? At $8-10/hour I would like to pass the initial call/appointment setting off to a VA to free up some of my time. Any tips for using this...
J. Erickson
Negligent Property Manager
After my father's passing in 2010, i hired a property management company to operate my dad's rentals as I have no landlord experience and live two hours away. Spring of last year I instructed company NOT to renew lea...
Luke Stone
Legal Help - Problem with Seller Finance Payoff
Hello,I recently paid off a seller financed purchase note with a long term mortgage with a conventional lender. ***Quick note: This is in Texas and the promissory note documents are very barebones*** So this was not t...
Angela W.
Foreclosure - What to expect on the day of Foreclosure
Here is one of the articles I wrote about Foreclosure: The Day of Foreclosure in TexasAngela Walter, Texas Attorney - Feel free to message me if you have any legal questions!
In Texas, foreclosure sales are at live a...
Mark Gruetzmacher
Double Wide on Basement-Foundation Support Question
Hello Everyone, I am looking at buying a Double Wide on a basement. I am wondering how it is supposed to be supported correctly. The outside edge I think sits on the basement wall. I think the 2 inside frames are s...
Matt Berklacy
1031 exchange, personal/rental to llc, and ways to extend4 deal?
Acquired property in Raleigh NC Briercreek, 150k, few years rental, paid off cash; titled personal name,
Selling 225k, want to buy a property elsewhere cash, look for deal, auction, and pay it in same cash, and live...
George Ramsay
Tenant moving out not renewing lease
Hello everyone, I have a Tenant that has decided not to renew the lease and asked for 60 days to move. Which im fine with. I've been managing my investment properties for about 10 years and this is the first time ive...
Sheryl Williams
Why was the payoff so much higher at foreclosure?
My FHA loan foreclosed with a principle of $140,000. The bank auctioned the property stating I owed $153,000. It was sold for $155,000 and I only received $800 in surplus from the trustee after they took their fees of...
Scott Caulfield
Walking away from a lender
I'm due to close on 9/25, but my lender's numbers are coming back higher than expected. I have the cash to close, but what are my expenses in walking away from the lender? What do i need to be aware of in a cash purch...