Between tenants I always install a drainboard under any sink cabinets. I just put a 1x2 in the back against the wall and put in a new bottom with any scrap plywood or masonite. This creates a flow of water from the ba...

My fantastic Japanese tenant moved out last week. Today my agent put up a for rent sign. Second call was from a neighbor/busybody who said hoa had decided to enforce a ban on rentals. The ban had been part of the...

Why do lenders sell mortgages?

This is my rant about all the SELF SERVING people that rather than answering the original question that is asked, take it upon yourselves to turn the thread into a promo for YOU. STOP IT! If someone is asking for help...

Against my better judgment honored a tenant request to make rent payments via papal. The tenant has been a model tenant for over 5 years. Never any problems. The request was made 2 months ago. Now, I am, for the first...

When homeowners like me face foreclosure due to myriad reasons like loss of job, disability/injury, ill health, unexpected expenses, marriage or even relocation, we inevitably have to battle the reality of a foreclosu...

I picked up a property a couple of weeks ago that is scheduled for foreclosure on June 22nd. The bank and I have reached a verbal agreement on the sale price, but now they want $2,000 non-fundable to stop the auction...

I am 73 this year.  I was a real estate agent for several years. When I got my commission, I bought a new pair of shoes, and put the rest in the bank. My back up job was RN.  When I retired in 2000, I moved to the poo...

Loan term was up. flipper says he's going to wholesale it short and that I should be happy to get something. Thoughts... Foreclose?

Hi All,
I have a condo in Palm Beach County (city West Palm Beach).  The tenant has made partial payment on 1st months rent and has not paid 2nd months rent.  To avoid the eviction process I would like to pay the ten...