Hello,I purchased a property with 3 apartments and 1 store. There is only 1 water meter on the property, so I pay the water bill (working on that..). I inherited the leases of all 4 tenants.The store lease states I p...
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Hi everyone, I recently heard about a method some investors are using. It involves attending foreclosure auctions and identifying any properties that sell for a surplus over the mortgage, lien and junior liens. This a...
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I carry a note that is now 3 months delinquent and I have to start forclosure. The borrower/ owner is MIA this is not the first time this has happened but he usually contacts me and gets his payment up to date. This t...
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I hired a PM in Cleveland area and he gets 12% because he’s helping me manage a duplex in a c/d neighborhood. I emailed him Sunday regarding notices I received re electricity getting shut off soon due to lack of paym...
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I’ll try to be brief
I attended and won a auction for a SFRbefore I wired the funds I ask the lawyer in charge will this satisfy the first seat mortgage Wells Fargo. He answered no. I politely passed. Unsure of what I...
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I've been househacking for about 2 years, and have recently rented out all the units of my property in L.A. Since I won't be at the property any longer and plan to get a few more units in the next couple of months, I'...
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Hi All,
I am really hoping to see if anyone else has faced a similar situation and may be able to provide some guidance.
I had a tenant that broke through a second story wooden deck railing at 2 am and fell to the ...
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Guys,How to structure private money loan so it's not an interest only loan, but payments goes towards equity from the very first payment ,or at least after after 1 year?Do we have some clause in the agreement on princ...
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I'm going to be taking over a couple buildings in NYC that belong to relatives of mine. I need to learn more about management but I have no idea where to start. Any suggestions would be greatly appreciated, thanks.
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Hello all,This past week, I had a renter move out who has been great until now. After he moved out, we noticed a few things wrong. First, the whole apartment smelled like pot (illegal in Indiana), then we found some o...