Sara Finley
Sell or Keep or Cash out Refi
Hello! In need of advice from you smart RE peeps.
We have 4 rental properties plus our main house.RH #1: Owe $13,000 - rented at $1200/month (long term tenant moving out May). We could easily rent this property for 1...
Michael Pence
To buy with cash or not to buy with cash
I potentially will be receiving a decent amount of money and I plan to use it to start investing in rentals. My question is, should I pay cash if I can. This will let me lower my mortgage expense allowing me to maximi...
Bob O'Neill
Help understanding seller concessions
I am selling a single family rental property for 189900. I just received an offer for 190000 with 11000 seller concessions for closing.It was offered with a Hubbard clause/fha loanAlso the buyers will have no initial ...
Monica Morff
Help Responding to Tenant after Non-Renewal
I’m writing here regarding wording for a tenant. We have a tenant who has generally paid on time, but she lives in a duplex and is rude, aggressive, and disruptive to us as well as the other tenant. The other tenant s...
Bruce N.
Landlording Burnout vs. Letting Go of Control
I've been a landlord in college town for 10 years now with 5 different properties and do all the property management. Additionally I'm super handy and can fix most any problem which makes my rentals that much more pr...
Jude Hughes
In need of QUICK deal advice
Well BP, I'm in a pickle.I stated the year by submitting an offer on a 1913 local historic home I viewed a few days before New Years. It has been converted to commercial, and my plan is to use the first floor as my of...
Jake Kraft
Buyer backed out at closing, what to do?
Hey all. Unfortunately my second post here on BP is an unfortunate one...My house was listed for 9 days when I got a full price offer from a pre approved buyer. Of course I accepted. It passed inspecton with a coup...
John Lamb
Tenants pet died - reduce the rent?
One of my tenants signed a year lease and she agreed to pay a little more in rent since she had a cat. A few months into the lease, she notified me that her cat died. Am I obligated to lower the rent since she no long...
Daniel Porter
Removing paint from wood floors
So I tore up some carpets in this house and found some wood flooring underneath that seems pretty salvageable. Whoever rehabbed it before us was really sloppy with their paint job and left paint all over the floor, an...
Brion Russell
Adverse Possession
A Gentlemen is attempting to acquire property in Alabama through adverse possession. In the meantime, he is renting the property. Has anyone had any experience with this type of situation? He has been in possession...