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Hello
I am about to put in a offer to a home that is currently going on 2 months mortgage past due, I got off a direct mail campaign. I want to put it under contract and then sell the contract to a cash buyer...
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We are closing on our first buy and hold unit (before it has been vacation rentals only) and I am wondering what to do with our tenant regarding rent and deposit. We have a rock solid lease agreement but I don't know ...
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Hey BP, I made an offer on a SFR potential rental property for $104K in my offer I suggested $100 option fee for 10 days and $1000 earnest money. They countered back with same price $104K but wanted $3500 earnest mone...
Hi everyone, just closed on my first property and now we are up to screening tenants. I have two sisters interested with a 545 credit score and a 485 credit score. Otherwise no red flags. Can anyone help with some ad...
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Hi, This is my first post so hopefully it is not the wrong place or out of place. I suspect this question has been asked many times and depends on specifics. In my current situation I don't think either method (flip o...
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Hi there - what do you all do when a tenant's deposit does not cover the damage? Can you file in small claims court and is it worth it (property in Houston metro area)? Can you report this against their credit as an i...
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It seems most lenders are only providing 20-30 year amortized loans with either a 5,7, or 10 year balloon, and most of which have prepayment penalties. What is the exit strategy under these circumstances?
I ...
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We have current tenants (a couple w/ 2 young kids) that have been with us for 4 yrs. They are good tenants. This is a single family home 3 bed 3 bath w/ a lg basement. It is currently rented for under market value by...
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For those of you who have multiple units, I assume you do not do the cleaning work yourself and you always hire people to do that. How much do you spend on them? How do you find low cost and reliable workers? Do you d...
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Hi,
I have a townhouse in Danville ( East Bay ) - as my primary residence- and I am planning to sell it . The San Ramon/Danville market is currently really hot. There are too many buyer coming from SF and other area ...