Lana Ly
Section 8 tenant not paying their share of rent need advice
Hello fellow landlords,I rented my house to a section 8 family to the mother and 2 kids who are over 19. They all work and HUD determined their share and it is more than HUD pays me. Well the first month the rent was ...
Samir Shahani
PA - Laws Surrounding Property Management
Hi all,I was approached by a family friend yesterday who wants a property manager for investment properties (50+ units).I am a local investor in the same market, but I started thinking about property management for ot...
Cristian Escobar
Buying property from dissolved entity
I am in the process of purchasing a property through a short sale in New York. The sellers lender has already accepted the short sale and is pending title review. However it looks like the deed is NOT under the seller...
Latora Harris
Wrap-around crisis-Need advice
Hello,I have a motivated seller who has a difficult situation and I'm having difficulty coming up with a solution. The property was sold last year on a wrap around mortgage to the new owner. The deed was transferred o...
Monte Blunk
Question on renting to a section 8 applicant for a duplex
We are renting out a duplex in a great area and we just had someone who asked us if we accept section 8 renters. We have not come across this before. Does anyone have some thoughts on this? Anything we should know ...
Brad E.
Does this seller have authority to sell this house?
Hey BP - I found a motivated seller. He has been owner financed by another LLC (not a financial institution). The title to the property is still in the financing LLC's name. The way the seller described his current...
Rodney Sums
Investment horror stories
Dear experienced, and even newer multi unit investors:If you could go back in time and give yourself advice, what advice would you give? If you knew then what you do now, what would you have done differently?What cho...
Account Closed
Vacant Property
The home X the street from me has been vacant for a month due to the cops flushing out the dealers. The home actually looks to be in decent shape, and from what a neighbor told me, the owner ( who didn't live there at...
Brandon Cooper
Jade
Being an avid reader, I have noticed a lot of books mentioned around here. I have always wondered when researching a new type of business if the experts writing the books on that particular subject are making the type...
Andrew Tam
Legal options if buyer breaks APS contract
Hi everyone,I'm selling my first investment property (Ontario) via an agent. I recently had an offer from a potential buyer and we signed the APS. The buyer never made the deposit within 1 business day and wants to ba...