Tom Scott
The 1 Acre House
Property: Brick / Block 1570 sqrft 3/2 with additional office built in 1956 on 1 acre lot (most lots in area .5 acre or less)ARV : $185,000 (used $180000 for profit calculation to be safe)*Same house 2 doors North sol...
Tyson Hosey
Can Inspector/inspection company be held liable?
I have rental properties, but my wife and I just bought a primary residence and of course had an inspection done. The inspector's report was SO far off and incorrect it almost seemed like he was at the wrong house, as...
John P.
Long Distance Rental: Late-Paying Tenant Question
I own a house in another state with tentants and property management in place. I bought it about a year ago. So far, it's been more of a learning experience/gut check than an "effortless cash flow source."Last mont...
Henry Grayson
Housing Inspector requiring retrofitting of windows
Hi all,First post here and I couldn’t find it answered anywhere else - I have a 2-unit in Portland Maine built in 1920 and for the first time this year the fire safety inspector measured my upstairs bedroom windows an...
Antonio Lopez
Woo hoo! My first deal off my site!
In the past month, good leads have been coming in!So far, Ive converted 1 out of 4 calls.A lady called me to buy her house via short sale. She was from Naples, FL and I work in Miami and Broward. I checked with my par...
Ted Akers
Citi To Take Deeds & Allow Owners to Stay 6 Months
CitiMortgage just announced it will pilot a new Foreclosure Alternatives Program that allows distressed borrowers to stay in their homes an additional six months in exchange for the deed. Beginning Feb. 12, 2010, th...
Dion DePaoli
Wrapping a FHA Mortgage
It is almost daily that I see a new question or concern about Wraps and Sub2 here. It got me wondering just how many folks are aware of outcomes of some of those practices really are. It also begs the question, just...
Mark Frattini
The National Eviction Freeze was just Extended Through June 2021
The Wall Street Journal just released announces that the Biden administration announced a three-month extension to a national eviction moratorium, a move designed to help millions of tenants who have fallen behind on ...
Tiko D. Blane
First Time Landlord Questions. HELP!
I have just posted my first rental "for rent" on the market. First question. I am looking for a solid game plan to collect rent that allows my tenant a couple of options to pay. I DO NOT want to door knock monthly to ...
James H.
Do you use an inspector? Why or Why Not?
I am negotiating a FSBO right now and am attempting VA financing for the purchase. I know I will need a VA appraisal, but an inspection is not required.
For those of you comfortable with the evaluation of a resident...