Jon Schwartz
Structure a sale to avoid taxes upon death of seller?
Hi all,I'm in an interesting situation. Long story short, a 94-year-old woman has expressed interest in selling me her $2M duplex (in a very nice area of Los Angeles, hence the $2M price tag). I haven't dug into her m...
Daniel Patterson
Discrimination in co-op boards. How would you deal with it?
Hi everyone,So my mother and I had listed 3 units in a cooperative development in central Long Island. The first one we listed for $169,000 and the other two were around that price. All of these units are one bedroom....
Gabriella Borukhov
Getting approved for mortgage with untraditional income
I am trying to buy my first property however, I do not have a traditional job.I do have enough to purchase my own property. What are my options that I can use to get approved for a mortgage?
Pam Noud
Houseguest turned evil
I gave this woman a key on Sat 8/22/2020 to stay in a house of mine in Atlanta for a couple weeks. Rental house, between tenants. Then she took over the whole house, and did no work and paid no money.Then , 4 weeks ...
Elizabeth M.
Too late to back out of a lease?
Long story. A lovely older couple applied for my rental. They appeared perfect in every way right down to an almost glowing application with a high credit score, no debt. Being anxious to get my place rented I quick...
Andrea Wieser
Subject To and Bankruptcy
A trust I manage purchased a house Subject to from a woman who was separating from her wife. She wanted to keep her credit intact and couldn't afford the payments on her own. Fast forward a couple months and she's l...
Trudy Ellison
Should I seek professional help (attorney)?
I have a tenant that moved in August of this year. She paid her deposit and rent up front. My problem was I did not screen properly. Now for the month of September I only received a partial rent. In October I rece...
Jim Bentley
Rejecting tenants based on their appearance
This question came up from reading http://www.biggerpockets.com/renewsblog/2013/01/27/tenant-screening/ on this site:
In that article, it advises landlords to check out a potential tenant's appearance, attitude, car...
Steve White
County Hospital lien on a tx deed sale.
I know in Florida all government type liens follow the new owner. But this particular lien encumbers the property of the now deceased who owned no property when the lien was written. The lien says all property owned n...
Harlowe Thrombey
Why would any Landlord fail to prohibit the use of subwoofers?
Subwoofers (audio speakers dedicated to a powerful bass reverberation) are an inherent menace to anyone near a person using one. They reverberate through walls at long distances (up to 2/3 of a mile at full power.......