Kristine Ann
"Detective Work" on a Foreclosed Property (Calling the Utility Companies)
I'm new to foreclosure auctions. There's a property in the neighborhood I grew up in that I'm going to bid on.
Read through the court documents online and it doesn't appear that the owner on title attended any hear...
Ana Marie B.
Undisclosed Sewage Treatment Capacity Charge
Hi BP Family! I'm writing to get some insight from any landlords who may have experienced a similar situation as myself. About 1 year ago, my husband and I bought a rental property (single family home) from a flippe...
Account Closed
What is considered a cash offer?
I'm feeling insecure about this question because it sounds simple, butWhat is considered a cash offer in a real estate transaction?My wife and I are looking at buying two rental properties in our area that are owned b...
Tosha Revere
Tenant Screening Issue
Short story:
I have an application that I'm processing. The tenants said no when asked if they had any evictions. After running them through smart move one appeared. when I asked them about it he said he thought it w...
Carlos Carrion
Seller signing multiple contracts
I have a property under contract with a memorandum filed on the clerk of courts. It is tenant-occupied and proper notices were delivered for the tenant to vacate. The seller informed me that she had received multiple ...
Tim S.
How old are your rental properties?
Do age of the rental properties play and role in your decision to purchase them?
Assuming the foundation is still sound.
I am looking at SFH in several neighborhoods. Ages range from 50-100 years old.
Personally I d...
David P.
Inherited tenant mailed more rent than is due
I just closed on a duplex 2 weeks ago and the long term tenant (10 years) just mailed me his rent check. The prior seller renewed his lease just last month to 1900/month which is about 1k below market. He is elderly a...
Yaniv Sigler
Tenant suing for construction work
HiNot sure if this is the right category to post it but I’ll try.A friend of mine is being sued by his tenant because a construction work should be taking place in that complex soon and the tenant claims he wasn’t not...
Nguyen Quach
Balloon pmt 4 months head. What can owner do? (sacramento)
My friend, who is current owner, has about 260k balloon pmt in 4 month ahead. This is a seller financing. Property is a duplex in South Sacramento, fruitridge and power inn area, and mkt value between 310k-350k. Owner...
Marie S.
Seller still running rental Ads
Is it appropriate to request that the seller of a multi family stop running rental ads when you are a couple weeks away from closing?
Let's say that the leases in place stretch 2 and a half pages with large font and...