Diane Johnson
Deceased, no heir.
I found a property that the owner is actually deceased and have been for the last three years and no one knows. City records have him still living in the house. He has a son in the military and his son does not want ...
Michael Baradell
Advice on strategy
Hey BP,I'm in search of guidance/advice on how to best accomplish my REI goal. I'm looking to purchase/control around 10 properties in the next two years in a specific market. The market that I am looking at is a very...
Kevin Jeter
Attorney will not write contract for less then 10%
Hello. I'm a wholesaler in NY. New York is an attorney closing state. My sellers attorney said he will not write a contract for less then 10% of the sale of the home. My seller and I agreed on an earnest deposit for m...
Mark Weinstock
First time landlord learning from my mistakes needing eviction advice in South Florida
This is my first experience as a landlord and really don't think I've handled it well. My first big mistake was I got to friendly with the tenants.Mistake number 2 is the first time they were late with the rent I l...
Brent Wickersham
Contract for Deed vs Deed of Trust
Looking to possibly sell a rental house to its current tenant using seller financing in MS. My initial thought was to do a contract for deed. My understanding is that foreclosure would be easier and less expensive i...
Jonathan Dickerson
Back Rent Collection From Vacated Tenants
Short version: 4 adults (family) rent our Townhouse on a 3-year lease. "Bob-The Son" gets hooked on heroin, vacates the property, returns to steal everyone else's stuff to pawn for drugs, gets arrested and goes to jai...
Cheryl Allin
3-Day Pay or Vacate but Rent never Late
Hey everyone! Posting to get some advice as I'm in a quandary here. Landlord just served me a 3-day pay or vacate that states that I didn't pay partial rent for last Oct, didn't pay rent for November, didn't pay this ...
Nat C.
Possible illegal terms in rental lease
I am on the opposite side of the court with this question. I am asking as a tenant, not a landlord.I rent an apartment and was on a 6 month lease that just expired. The landlord gave me a new 3 month lease to sign.The...
Joe Delia
Got this regarding a Tenant who skipped town to Texas, any advice?
Joe,
Bad news – Texas has a law that I was not aware of that prohibits wage garnishments. Please see the attached.
I’ve done a little research, and this seems to be a bad law, or at least a bad interpr...
Collin Hays
Your biggest financial risk in owning a STR
I am often asked this question: "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind: Septic problems, a new roof, HVAC failure, lower-than-proj...