Hello everyone,I am a new investor in the Kansas City area. I am currently working to find the money to fund future deals. I found a company called Seed Capital and they referred me to Black Onyx Lending to get a li...
FACT: Borrower asks lender a “favor” to increase their payoff as a way to get hundreds of thousands extra back but NOT given back at closing on HUD, rather under the table directly from lender to borrowers after lende...
I have an interesting issue where I purchased a commercial property that was seller occupied. The seller stayed in one of the commercial units and I assumed his existing lease as well as the other existing leases. T...
I’ve seen a few posts in this forum that recommend handling lease paperwork for a prospective tenant at their current residence as a way to see how they will treat your place, like how clean they will keep it. Great i...
I've been looking at condo units as a plausibly lower maintenance option for rentals. One issue I'm finding is that nearly all of the HOA docs 1) assert that rentals are allowed 2) limit it to a tiny fraction (e.g. 4 ...
When screening for a new tenant, do you immediately deny them if they have any arrests or felonies? Or do you take into consideration how long ago the offense was?
The neighbor who lives next to my rental home has threatened to sue me because he alleges my tenant has not responded adequately to his requests that she quiet or remove her barking dog. He also complains that she hol...
Over the years of landlording and owning property in a college town, I have noticed that my Special Stipulations section in my leases have taken on some strange phrases and warnings to new tenants. It seems that e...
The tenants ‘boyfriend’ leaves the property and oddly enough, another male shows up for a short amount of time. This happens regularly, according to the on-site care taker of the property. There’s either drug dealing,...
After months of searching for my first investment property in SoCal, I've narrowed my search down to a few areas that meet my cash on cash requirement. That said, these areas are a little shadier. Not warzones by any...