Todd Rasmussen
Why doesn't BP improve the forum formatting for mobile use?
Too soon? Just kidding, thanks for going back to the old layout. Side note, the most productive morning I've had at work in a year and a half just ended.
David Moore
Should I lease to 3 individuals when 1 doesn't qualify?
I've received an application from 3 individuals who live together. The first two are a couple with a baby and would qualify for the home individually (each income separately is more than 3x monthly rent, etc.). The...
Rodney Kuhl
SSI income doesn't meet 3x monthly rent criteria - still ok?
So I have 3 applicants (a brother and 2 sisters) who don't work but get SSI disability income. Rent for my property is $850/mo, and I am requiring 3x the monthly income, which is $2550/mo in income. Combining all 3...
Russell Johnson
Seller doesn't want to pay capital gains tax on rental.
Hello BP. I have a conversation going with a seller who has multiple rentals. I made him an offer on one that would work for both of us. He didn't balk at the price but told me tonight after a conversation with his a...
Mike Wulff
Selling a property but tenant doesn't want to move out
Hello BP community,I have a condo to sell under contract and scheduled to close 10/31. The buyers want to live in the property, but my tenants do not want to move out. The tenants received 40 days notice, were offer...
Phillip Lee
House doesn’t appraise for asking price| seller won’t drop price
Hi,
I am a new agent and I am doing my first deal on my current home in Virginia.
What if the current home we are putting in an offer on doesn’t appraise for the asking price and is lower, the seller won’t drop the...
Jeremy Lohman
A property that doesn't list an owner on tax records?
I'm a new investor and drove by a house that looked abandoned and when I looked up the property tax records it doesn't list a deeded owner. How do I go about who has possession of this particular property?Thanks!
Ryan Judah
What if the housing voucher/disability doesn't cover min reqts?
We are in WA State and have an available apartment listed for $1250 and one of our minimum requirements is 2.5x monthly rent. She is on disability of $750/month. With these two amounts, however, she doesn't meet our...
Bart Ford
Firing a real estate agent that doesn't return an email
Well, not really "firing", because they were never hired in the first place, but here's a "hypothetically hypothetical" situation and I'd like to know what others would do.I met face to face with an agent and we talke...
Frank Jiang
Wife's loan application rejected because she doesn't own primary residence?
Hello BP,My wife an I ran into an interesting situation while trying to purchase our second out-of-state buy and hold property.Currently, all loans have been taken out in my name. At the time of this deal, I had our ...