Orlando Paz
Looking for advice on initial MH startup funds
I'm excited, and ready to "pull the trigger" with MH investing! The only drawback is... Initial funds to get things going. At this point, I realize that saving is probably the only option. In keeping with what Robert ...
Matthew Hall
Is the DOS clause actually spelled out in the mortgage or just implied because it's not assumable?
The mortgage I'm looking at says nothing about a DOS clause but does say it does not have a "Demand Feature," which apparently allows the lender to call the loan due for any reason. It does however have a box checked...
Adam Walter
Trustee is trying to void my mortgage in Bankruptcy court
I have an interesting situation and trying to figure out the best solution. I sold one of my rentals to my tenant with a seller backed mortgage and note (this is in Ohio). The date of the note and mortgage was Octob...
John Knisely
Oil to Gas Utility Conversion
I'm looking at a multi-unit deal in Delaware County right now where the current owner pays all utilities except in-unit electricity. According to numbers I've received from the listing agent, the annual heating/oil ex...
Danielle Scott
What to do with a Property Manager that won't fix broken stuff?
I am renting a townhouse in Houston, TX. I have had numerous issues with the PM not fixing things at all or in a timely fashion. He will only respond to text - not email or phone and no office to call. At first I woul...
Miriam Gaddis
Attorney says Birddogs are illegal!
Please help. I am an investor and I advertised for help from birddogs, and offered a finder's fee for them to look for FSBOs and represent me. I was sent a cease and desist letter from an Attorney with the Northeast F...
Ben Beard
Build Spec House on someone else's lot
Hi All, I am planning to build a few spec houses in Las Cruces, NM on lots owned by the original developer. I am wanting to partner with him and use the lots as collateral for the construction loans, but not pay for t...
Manco Snead
Problems with OOS Property Tenants
Greetings,Looking for thoughts on the following scenario. My first OOS duplex, owned for one year.Side by side, 1976, clean neighborhood, nice backyardsPurchase price: $200KTotal rent/month: $2000Mortgage: $1000 Rate...
Damian P.
Owner Occupied Home in Renton
Hello Seattle BP,
I'm considering purchasing an owner occupied home in the Renton, WA area for a first time home purchase. With a lot of growth in general in the Bellevue area - Facebook adding large offices in Bell...
Kyle Baron
This Tenant Who’s Not A Tenant Needs to be Evicted!
Greetings fellow investors!Entertain a thought and tell me what you think about a situation if you could please..... (Asking for a friend)A friend of mine has the most destructive, irresponsible, and non-paying tenant...