Nick Johnson
Minnesota Furnace broke - Renter demanding discount
We recently had a furnace break two weeks ago and the renter is demanding a refund. The night we were notified, we examined it found some loose connections and got it running again. The next day it broke again we de...
Marci Stein
Q. about short sale situation
R.e. agent is saying that M&T bank is asking me to sign a contract with seller BEFORE letting me know if they accept my offer...does this sound right? I've already given a binder, now they want 10% of P.P. with si...
Vicki Gleitz
Section 8 inspections question
I am helping my son to fix up his rental. He is considering section 8. The house has a newer roof, newer windows, electrical and plumbing. New flooring,painting, countertops, all around refurbishing is being worked o...
Ryan Haase
Mold on Wall in House - Tenets Not Paying
I'm currently out of state and I received a call from a tenet today that there is mold growing on the wall behind their couch and under the sink. The tenet sent me some pictures and the good news is that the mold is g...
Trevor Scheiderer
Purchasing a Portfolio?
I am considering purchasing a portfolio of 6 properties as a first deal (newbie mistake?) It is located in a different state, but has amazing potential for profitability. There would definitely need to be some rehab, ...
Jonathan Godden
Please share your opinion on this LO contract I received
Hey guys,
My family and I are looking to rent this property from friends of the family. We are moving to a new city and really love the pictures of the house and expressed an interest in buying the house if we get se...
Deano Carroll
HUD property I'm purchasing has been Vandalized!
Hi all, Deano from Cincinnati here. I'm in the process of buying our first HUD home, signed the papers and paid a $500 deposit.
THEN the back door was kicked in and all the copper stolen. HUD d...
Rajiv Nair
How to get earnest money back the day before closing
Hello Folks,I would appreciate it if I get some advice on one of our deals. We are purchasing a 240K property in Mckinney, Texas and are supposed to close the deal tmrw August 6th 2015. However, during the last walk t...
Rohit Vij
Advise on first rental purchase
Hello BP,I am writing an offer for my first rental SFR purchase at Houston and would love to hear your thoughts on it.It needs new carpet and paint, I am estimating 7k for that. Cash on cash is not great (only 5%), bu...
Ron Alexander
Being fully covered against Tenant Lawsuits / Rental Properties
Hello Everyone,I owned 3 single family homes,I used to rent 2 of them and decided to sell all of them to have money to go into flipping,the reason I decided to do this and quoting rentals is that I am OVER (maybe not....