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How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...
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We have pleasant, reliable, and non-complaining tenants with us for a year now, and we are thinking of extending their lease for two years instead of just one. The only disadvantage I can see here is that we may have...
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I dont like renting to people that just recieve social service checks as income for 2 reasons.
1. If you dont work for it you dont take care of it.
2. You cant not garnish social service income.
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Hello everyone!My name is Chris McCarthy.I'm writing this post to introduce myself and start getting involved in this awesome community! My goal for joining this forum is to learn from the best and network. I just tur...
I am hoping someone will have some experience with HAP contracts and Section 8. I have a tenant who is currently in a lease with me for 3 more months. She advised me that she is leaving at the end of this month and Ho...
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I am a total newbie in this forum so sorry if i'm writing about a subject that sounds like a broken record but i need some advice (and comfort!). My husband has been landlording for about 2 years and he recently asked...
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I purchased a house in a Trustee sale auction a week ago. Three days later
I received a letter with the funds returned and no other explanation.
I called the trustee office and my understanding is that they decided t...
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What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...
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Hi everyone! Just wanted to start a discussion to see what real estate niche has provided the best $/hr spent of your time as an investor. How did you find it and how are you measuring that return on your time? I'v...
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I have a property in Hawaii which I've rented to some tenants who are making a mess of it, upsetting the neighbors, and incurring violations with the homeowners association. The lease ends November 30th this year, abo...