Laurie Chimento
Credit score and misdemeanors
Trying to rent a unit out and still pretty new at this. I have as my baseline requirements a 600+ credit score, no evictions or criminal history. I have a couple who wants to rent and both of them have 550 as score an...
Account Closed
Property under contract- Oil Tank found during inspection
Hi Everyone, I have a property under contract in the south side suburbs of Chicago. The inspector found an oil tank and he told me this could be a serious issue. We couldn't look at the tank because it was underground...
Vincent Plant
Buying Tenant Owned Property - Seller wants to keep Security Dep.
I'm in the process of putting together a deal where I am buying 2 twin properties. Its one building but two separate homes side by side and I'm buying them both simultaneously. They are both tenant occupied, and I wil...
Mike Rosback
Real estate agent investors
Last fall I ended a long career in IT and decided to push ahead with full-time real estate sales and investing. I have been a licensed agent since 2009 but much of that time was as a referral agent and I've had littl...
Louis Sulek
as the passive JV partner - getting cold feet, please help!
Hello everyone,I'll try to be brief! - I met a lady online who was looking for an equity partner in an AirBnB condo. She does all the management etc, I go on title of mortgage and do all the financing, and we split ca...
Suzanne Chan
Investing in out of state is it necessary to visit prior?
Hi I'm new to investing out of state and am looking at the Cleveland market. My business partner and I have invested in some homes in California and are selling one and doing a 1031 exchange. However through reading a...
Karl Kauper
Evictions in Worcester, Massachusetts Area
What are the laws like in Massachusetts with respect to evictions? For example, if a tenant refuses to leave at the end of a lease, how difficult would it be to get them out? What would be the process, and how long wo...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Sarah Buchanan
Agent misrepresented listing by 250sf
I was set to close on a house today (currently in it's redemption period of foreclosure) but the appraisal last week discovered that the square footage had been listed as more than 250sf over actual, taking the price ...
Cameron Belknap
Egress Window Question. Just went under contract for "4dbrm"
Hello!I just went under contract for my property. It was listed as a 4 bedroom, and I mistakenly assumed the basement was meeting Egress window code, however when I had the inspection I found out it was not. I am tryi...