Indy Smith
Questions about subject-to purchases
Hi everyone, Can someone please clarify a few things about subject-to for me? I understand that you essentially take over the existing mortgage from the seller, thus "subject-to the existing mortgage". Does the buyer ...
Jens Nielsen
Rehab of 2 out of 4 units -add to basis or deduct as repairs
I purchased a 4-plex in 2016. Two of the 4 units were empty, so we did some repairs on those units (new carpet, tile and paint), plus we installed a new roof, repaired an exterior wall and fixed potholes in the parkin...
Justin Jarboe
LEASE ADDENDUMS? What extras do you add to your lease
What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples: Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...
Kent Ernst
loitering & partying
Any answers to this? We have an epic problem of the whole neighborhood viewing the parking lot of my 34 unit as the party destination to be at. It's out of control. Drinking, drugs, fireworks and firecrackers, cars ga...
Jian G.
Tenant’s law question in Californa
Hi, I have some questions about new tenants law in California. We are in escrow for duplex. Rents are below market and I would like to do a remodel and raise the rent. My question is can I ask current seller to remove...
Jimmy H.
Investing in War Zones
You hear alot about avoiding "war zones". Investing in low income is not some peoples cup of tea, but some people do focus their strategy in such areas. My issue is that even these low income investors, along with eve...
Curtis Mears
Is DUI a reason to Reject Renter
I have a prospective renter who has a recent DUI. I use the Smartmove app to screen. Does anyone know if the Smartmove flags DUI's. If the app automatically rejects because of DUI, I would not want him to waste his mo...
Susan Pompea
tenant screening?
I just show the property to a couple that "seemed" to be a good match but I'm leery because I had to evict the last tenants and they tore the place apart--I've spent alot of money and time getting the house ready-...
James Wise
Real Estate Agent Punished for working with Wholesalers.
The Ohio Division of Real Estate recently published some yearly reports that detailed all of the fines, punishments, license suspensions and license revocations they've issued to people for illegal activity.
Below yo...
Anastasia S.
Urgent: Need Help with a Tax Deed Purchase, Florida
Hi BP friends,
I desperately need your help. After learning about tax sales and doing due diligence I found two properties I want to buy at an online auction a week from now.
1. On the 1st property (vacant land, ra...