Darren S.
Seller did not turn over last month's rent at closing
HiI just closed on my first property, a duplex that I intend to move into, and it seems the sellers did not turn over all monies at closing. After closing I went to go speak with my new tenants to introduce myself, I ...
Account Closed
Create Paper
Create PaperFind the cash you need by creating a low-interest note secured by a property you own. Use the note as a down payment on the property you wish to purchase, or sell it to an investor for cash. Your title c...
Daniel Hart
If a junior lien holder forecloses and owns, how can they get 1st lien payment info?
If I own a junior lien note on a property, and I foreclose on it and take ownership, I can avoid the possibility of the lender calling the loan due.
However, without authorization or a POA from the borrower, it's n...
John Gillick
Is this a good deal?
In a work/money fix&flip partnership:
The silent partner provides $1M.
The working partner does all the work, including securing an additional $1.4M in financing for the LLC.
The working partner keeps 2% of the...
Venka Pulla
How to deal with Bad property manager
My current rental property manager is not responding to my emails and my phone calls since one month . How to get rid of this PM while I was PMA expire with in 2 months and how to deal with tenants not to pay rents...
Ben M.
Tenant pay renewal fee
Is it standard for property management to charge renewal fees to tenants if they want to renew their lease?
Tricia O'Brien
Anyone Using Rhino as an alternative to tenant security deposit?
I have heard about a company whose website is www.sayrhino.com that offers an interesting product. It allows tenants who don't have enough cash for a security deposit to get an insurance policy for $10-$20 per mont...
Jaxi West
Promissory Note or Deed of Trust - which is better to sign?
Hi
Investing with a guy who needs the money to rehab a house. Not a super large amount.
Deed of Trust ties me to the house/title. I am a silent owner until the work is done and we file with the title compan...
Hares Najand
Concerns with Property Management in Chicago Area
Hi BP community,
We currently own several Section 8 rental homes in Chicago, Markham, and Country Club Hills, IL, all managed by the same property management company. While they are good communicators, experienced wi...
Poppy Pia
Best Way to invest Security Deposit
Hello All,I am a newbie investor and would appreciate your answers to a question I have ...I have 3 rental properties and have a total security deposit of approx. $6K from these 3 properties.Let us assume - not all m...