Been owner of a two family for about ten years.  I have never (knock on wood) had the apartments vacant--mostly due to location (walking distance to subway in boston) and affordability.   Over the past, most of my scr...

Happy Monday BP, I have a good tenant who has moved in her boyfriend.  I was notified after the fact. They have been a good tenant for ~8 months into a 12 mo lease and have discussed renewing the lease in other conver...

Hi - we bought a 2 bed condo last year from Fannie Mae and subsequently rented it to a young couple with a baby. We understand the previous owner (before Fannie foreclosed it) had died in the unit a couple of years ag...

Seattle passed a bill that extends eviction protection for renters for 6 more months. So, basically you don’t have to pay rent for 6 months AFTER the city reopens. This could absolutely wipe out small time landlords l...

Hello CTC,

I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...

Property appraisal value: 265K

Borrower's down payment: 79K

You 1st trust deed: 132K

Seller: 2nd trust deed: 70K

Two year balloon

In addition to the high combined loan to value, what e...

Morning all.. so here it is, 9:15am on a Sunday, I’m drywalling the kitchen of a half double I own and am rehabbing. I own the other half also. I waited until 8:45 to start working. My tenant in the other half just te...

The local borough where I own my rental property has come up with a real doozy of a new ordinance to go into effect this January. I'm fairly sure that they wanted a new law to deal with a few problem properties, prob...

Am I all alone here? People in my area can make $50/hour. Now, if we extrapolate from this, 50/hr x 40 hours/week = $100,000. Many of the people are dual income families. So a couple makes $200,000 per year. How ...

- Do you instantly jump into the eviction process? ( Late More than once, they have also passed the 10 day period of grace ) - Do you ever BEG or Repeatedly Text A Tenant Asking For Their Cash/Rent Money? ( my partner...