Jessica G.
Rapid appreciation in DFW -- what if house doesn't appraise
We are thinking about putting a house on the market in DFW (updated starter homes are going in hours under multiple offers) and I am pretty sure financing bank's appraisal is going to come in at less than what a bu...
Billy Ross
Why a bank doesn't record a deed until closing?
We purchase 5-7 REO's each month, and I have always had this question...
On at least 80% of the deals we do, the bank has not recorded the deed or CT, and they do not until right before closing. While it does not aff...
Matt Andrew
Tenant notifies landlord of last month but doesn't leave!
Hello,
For Massachusetts landlords or possibly other states as well, what procedures do you all follow if a TENANT on a month to month basis gives a landlord a 30 day notice that they will be leaving, but they don't ...
Danielle Prendergast
Seller doesn't want to short sale anymore rather foreclose
Hi BP,
I've had a short sale under contract pending bank approval for 8 months now only to get an email from the sellers agent this morning saying that the seller is frustrated with the wait and just wants to walk aw...
Vince May
Note payment amount doesn't match with what I calculated
Hi,I'm new to investing in notes and found a note on FCIexchange and was trying to understand why the payment amount differs from what I calculated the monthly payment should be using the PMT equation. Based on the or...
Ben D.
Live-in duplex: worthit if it doesn't pencil out?
Hi everybody,I've been helping one of my family members look for an affordable SFH for a few months now but given how hot the Portland (and vicinities, i.e Salem) Real Estate market is, it's been a very challenging ex...
Brandon Johnson
Inheriting A Tenant That Doesn't Run the Air Conditioner
I am currently purchasing a duplex and inheriting a tenant who doesn't run the air conditioner because "it is a lot cheaper that way." I learned this the same time the seller did during my inspection of the unit as t...
Account Closed
Long-term guest - I want him gone, wife doesn't!
I've been a wannabe investor for several years, and have enjoyed reading BiggerPockets. Sadly, the topic that finally motivated me to create an account and jump in is not a happy one:We have an adult, non-family-membe...
Anne Shawnnc
certified mail doesn't work on sending lease termination notice
I used certified mail to send a 60 days lease termination notice to tenant, the mail should arrive one week ago, but today when I check status online, it still shows in transit, so I called the post office to ask why,...
John M.
Owner who doesn't want to move for 2 months
I received a wholesale lead today that looks good. The price the owner is requesting meets my criteria for a wholesale deal, but the problem is he wants to move mid-january after the holidays are over with.What do you...