P.J. Bremner
It may be time to lawyer up, anyone else come across this before?
Hello BP,It's always fun posting stuff on here and hearing what everyone has say, but i'm afraid this post isn't quite as pleasant. Nonetheless i'm sure there are lessons to be had here and I would greatly appreciate...
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Is there Really A down Time Of The Year for Real Estate?
I often talk with people in the Real Estate Business. I have found that if a person is versatile in his profession there is never a down time for him; remember the buzz word is VERSATILE.
By learning everything yo...
Kenneth Westervelt
I've been targeted by a postcard mailer. I won't sell. Thoughts on engaging anyway?
So I live in one of the cheaper neighborhoods of Aurora, CO. One guy has been mailing me "Will take in any condition!" postcards for a few months now. I have no intent to sell, and the prospective buyer (a RE broker)...
Gary Fraser-Lee
Loan Due on Sale clause when changing name on Deed
I have a rental property that I want to move into a newly created LLC in order to get it out of my name directly.Since I have a mortgage on the house, I reached out to the Mortgage company and they say that I can not ...
Shayne Fee
How to deal with Tenant wear and tear?
This Tuesday I have a 1 year walk through with a Tenant of mine. She lives in a nice SFH with some of her friends and has been a great tenant in terms of paying the rent right on time and dealing with a couple minor m...
Mark Forest
LLC or sole prop
Yes I know this topic has been discussed many times. However I am accumulating more properties and I need to make a commitment to either forming an LLC or just staying a sole proprietor. I have heard and read that l...
Ben I.
Seller attempting to sue me for not buying property.
Hiya all. Well here's my situation.
I wanted to buy a second rental property after we moved to Hawaii for work and became bankable again. I was planning on using the HELOC money from our first rental as the downpaym...
Karen F.
Class C landlords - better build up some cash reserves
To any LLs who rent to people who are working class but pay their own, unsubsidized rent: be advised that you should build up some cash reserves. New England Journal of Medicine just published a case report of the di...
Michaela G.
Big problem tenant is threatening....again
I have a huge problem tenant.....I'm not going to go into all of the details.
Anyway, there are 3 ways for tenants to pay the rent: Give it to me in person (because I used to live half a block from the creative comm...
Jo Zhou
An old couple in difficulty and cannot pay rent, what could I do?
Hi, everybody, could you give me some advises for my situation? I have an older couple (in their mid 70s, they are in the wheel chairs), they have been paying the rent on time for 5 years. Lately, they have been late ...