Ari Bauer
HUD partial claim - short sale
I was hoping someone could help me out with a deal I'm working on.I'm negotiating a short sale on a property with three liens, a 1st mortgage, 2nd and a HUD partial claim.I've reached agreements with the 1st mortgage...
Brandon Ho
Renting an extra bedroom in a home I'm living in
My parents bought a house for me, my girlfriend, and her sister to live in with 3 bed 2 bath. I put the 3rd room for rent for $850 and all utilities and services included. The house is $200k with 1619 sqft, built in 2...
Michael Flynn
How do get connected with an REO agent?
Hello All,
I've noticed for quite some time that REO properties rarely hit the local MLS and always thought that was odd considering the amount of REO properties that I am aware are out there in my community and the ...
Joaquin Moreyra
No Property Walkthrough
Hello!
The seller will not do a property walk through until we are under contract as he doesn't want to spook the tenants. He is saying that he doesn't want to have numerous people who are interested going through th...
John Woodrich
Does MN require a grace period before impsoing a late fee?
I inherited some leases and they all provide for payments being due on the 1st of the month and that a late fee will be assessed if they have not paid by the 5th. So inherently they all normally pay on the 5th....I n...
Bill Gulley
Interested in some good books?
We have a pretty large Board of Realtors here and they have an extensive library of books. It's not just dry RE Law books or books on surveying, but all kinds, likely they have some of the "investor" books (I know I s...
Skyler Mckinney
Flipping a neigborhood
Could I hypothetically take a whole rundown neighboorhood and turn it into a highly desirable place to live, I'm talking taking a neighbourhood that homes are in the low 100's (I'm in VA beach so its almost unheard of...
Anna Watkins
Do you ever accept a tenant with a prior eviction?
I have just told a prospective applicant that a prior eviction is "probably a deal breaker." She politely said thank you and hung up, but I'm feeling very waffly on this rule. I know it's standard screening to prote...
Ceasar Blackman
Just got my Real Estate Sales Associate License and I plan to Sell Timeshares !!
Like the title says i just got my license here in Orlando, Florida last month and i am starting training to sell timeshares for Westgate resorts. Im pretty excited, i know a few people that have done really well doing...
Tommy Ray
Seeing cash flow opportunity markets--please be specific
I am a retired military officer, disabled vet (10 year Terminal Attack Controller during my enlisted years--destroyed knees jumping out of planes), and 30 year real estate investor. Did I mention my knees are bad? S...