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Investing involves risks and rewards – and usually the higher the risk, the greater the potential for significant gains and losses of invested equity. Intuitively, we understand that it’s necessary to take more invest...
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http://www.realtytrac.com/content/news-and-opinion/single-family-rentals-top-20-markets-7670?a=b&utm_medium=3&utm_source=359119&utm_campaign=3400&accnt=359119
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I once owned a 20-acre mixed-use property in Illinois. It included 25 mobile homes, 60 self-storage units, and four commercial tenants. When the time came to sell, I anticipated a solid profit from the deal. But durin...
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Tenant text me last week Thursday saying they are moving out on April 30th. They sent a text message stating that there are plumbing issues with drains not draining (first time they have ever told me about these issu...
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I just got a deal with seller financing and to make the payments I have to increase rents. With LA's ridiculous laws im not sure how to get the tenants to move out. Turns out 5 out of the 7 are related and they only p...
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I have a property that I rent to four college girls. One of them is using money from her financial aid assistance to pay rent. She recieves this rent in a lump sum and she asked if she could pay her whole rent for the...
Name is Darin, age 21, and from Ohio. Highly interested in getting my first investment property which is a 10 unit for 130k (asking price) and just nervous as hell. Don't really care though as I'm trying to do big thi...
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I read in a book that it can be a good idea to tell the seller all of their solutions one of which is a loan modification. It said to call their bank right on the spot and talk to them for the seller.
What experie...
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Wanted to share a recent no win situation. Have a borrower in BK and we filed post petition fees for proof of claim and a plan objection (since they originally did not include property in BK). Now the defense counsel ...
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