William C.
Agent is “wholesaling” property on MLS
Wow, this one is a doozy. In all of my 10 years I have never seen anything like it.Friday a client of mine discovered a property for sale that he has had his eye on for almost 4 years. Back then, it was listed for $...
David White
House under contract with no buyers lined up
Sometime this weekend my partner and I will have our first property under contract. We agreed on the price we just have to meet and sign the contract. Our problem is we haven't began to build our buyers list. I was go...
D Turner
Dirty Buying Secret That Works
I always purchase a listed property from the listing agent and never use an outside agent. During the last run on property 2000-2007 I lost so many properties because of unscrupulous realtors. I mean realtors were r...
Amy W.
Should I renew a habitually late tenant that pays the late fee?
I currently manage 8 rental properties in Grand Rapids, MI and all of my tenants habitually pay on time except one. I've had her as a tenant for 9 months now and she has only paid on time twice. Her credit wasn't terr...
Joyce Jackson
My tenants have infested my home w Roaches! What now
We rented our home out to a family on Section 8. It was our first rental and we made errors did not do our due diligence. We discovered several violations against their lease agreement early on but faced the challenge...
Thanh Nguyen
Dodd Frank and Lease Option!
I keep hearing all this crap... So will I or Will I not be able to do lease options and subject 2s with the DOD frank laws changing?
Henry M.
Examples of Mortgage and Real Estate Fraud Investigations - Fiscal Year 2013
The following examples of mortgage and real estate fraud investigations are written from public record documents on file in the court records in the judicial district in which the cases were prosecuted.
Defen...
Andrey Y.
Condos Buy and Hold : Why the resentment?
So I have been listening to several podcasts, which are all awesome and super-informative. Can't think of a higher yield source. (See www.biggerpockets.com/show75 specifically) and there seems to be a mistrust or no i...
David P.
Tenant threatens to withhold rent?
Just came across a late night call with one of my tenants. His family has been living there over a year and I would consider them good tenants. They warned me before that the front tenants dogs (pitbulls) are sometime...
Jeffrey K.
Highest and Best
Can we all make a pact that we will submit our highest and best when we deal with REOs? I am tired to loosing deals, bidding against myself, and the bank playing us against each other.