Hello guys. So recently my father passed away and my mom, brother and me inherited the house that we were living in. The house we live in is in NYC to my surprise, it is still legally a duplex, although the house is a...
I have a question regarding modifying a defaulted 1st lien on a property. Here is an example. The original payment was extremely low, say $200. It was since defaulted on years ago, and now arrears have accrued. Is the...
I have had 2 incidents recently that potential Tenant refuse to give out SSN before signing Lease. Rental property is minimal $750k assess, Landlord feels more comfortable to have Tenant SSNs on file to protect themse...
Recently I purchased 2 of Mark Walters courses on the note business in which only educated me on strategies I can execute without providing any forms or actual instructions on "how-to" flip notes. That being said, I'm...
Based on our prospective applicant's initial contact he quoted 600 as his credit score and in our ad, we stated we were looking for 'good' credit. His credit came out at 530 with other delinquencies, judgement and li...
I have a home in a HOA that is Useless on a good day! Here is the Language as it is written in the CC&R
Section 1.1. Rental or Lease of Lots. It is the intent of this section to protect, enhance andmaintain the ...
So I've been doing some reading here on BiggerPockets and I just wanna say I'm really impressed with how helpful everyone is.
My questions are:
What are the risks of wholesaling?
What could go wro...
Greetings fellow landlords. Multi unit was purchased a few years ago. Inherited a tenant that already had 2 adults and 3 small children living in a small 2b1ba house. What should we do if the tenant was expecting a 4t...
I don't start many forum posts but recently we had a post where someone posted a subject-2 purchase contract to a request for a contract. The contract had many pitfalls for any new investor and was obvious to me that ...
My agent has sent an exclusive buyer agency agreement. I'm fine with everything in the document except for something titled "Audit Compliance Processing Charge". The agency requires me to pay $935 when the transaction...