One of my rental units is occupied by 2 tenants. At first I was only aware of 1 tenant but later discovered another room mate. The tenant fessed up and apologized a few times. It was my fault I didn't do an inspection...
Last month I received a call from another landlord, asking for a referral on my long-term tenants. I was certain it was for both tenants as they've always been a couple and was happy to provide a good reference as th...
Dear "Real-Estate Hacker Enthusiasts",I know your time is valuable, so I will get right to point! I need your advice.I am putting the finishing touches on a new book."How To Win In Real-Estate As A Millenial"Bottom l...
Hi, everybody, we are private lenders. in the past, we have been lending out using our individual names as lenders as well as our LLC as lender. Now I have a new lender (who just started) asked me what are the pro and...
We're working with a title co. we've used for years on a deal we have that's in foreclosure. We always do our own unofficial 'title searches' before submitting an offer and/or putting a property under contract.
So I ...
I have had my eye on some upcoming tax auction properties, mostly to watch and learn from the process, but if they go for the right price I may try to bid.Anyway, I am trying to do my due diligence stuff ahead of time...
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
WTH!
While working a potential offer on a property, a suggestion to my agent prompted this response from him:
[i]
While it sounds like a good idea the law prohibits the marketing of properties for sale or lease unle...
silent wrap-second mortgage-how easy is it to refinance?
I have a seller offering me a silent wrap second mortgage. He says I'll get an affidavit of equitable interest at closing and my payments to him are escrowed a...