John Corey
Achieving USA accredited investor status?
I am familiar with the tests that involve one's annual income or one's net worth.While researching the topic, I saw the following in Investopedia. In 2016, the U.S. Congress modified the definition of an accredited in...
Dan R.
Contract for Deed vs. Mortgage
Does anyone have any advice on the pros/cons of providing seller financing via a contract for deed vs a deed of trust? I've purchased property with seller financing using a deed of trust, but I may want to use a c...
Rishita Tiwari
Tenants with service dogs
Dear Community,
I was having an interesting discussion with another landlord on the real estate partners discord (https://discord.gg/pKh34Yu3PM) regarding tenants having service dogs. So basically, some jurisdictions...
Kasia Sliwa
tenant is late with rent
my question is regarding tenant law in Illinois.sorry for long post : I own a home, tenant was paying on time (well almost on time because she always paid on the 5th of the month) and last month the basement flooded ...
Karim Smail
Do you rent to a deputy Sheriff ?
Do you rent to a deputy Sheriff ?
Any advise will b every helpful.
Thanks in advance.
Shannon Trivett
Nuisance property - Eviction Questions - PA
I have a tenant who has been in place for 3 years and a few weeks. May 1 I signed a 6 month renewal. 1 week ago today while I was waiting for appliance delivery the neighbors decided it would be a good time to tell m...
John-Mark Chesney
2% cap on closing cost contributed by seller
I was talking to a conventional lender who is telling me there is a law stating that a seller can only contribute up to 2% of the purchase price towards the closing cost. Ex: $100,000 purchase price= a limit of $20...
Kumar Chin
How to bypass Dodd-Frank? Lets discuss options. Anyone?
I have been doing a lot of research regarding the Dodd Frank act. I have a couple of ideas that might help avoid legal issues with Dodd Frank. I spoke with my attorney yesterday and he said on one knows if rent to own...
Trey DeJohn
Renting out rooms - Owner Occupied - What’s Allowed?
Hi BP,Admittedly, I’m new to this. I purchased my first property and moved in at the beginning of May. It’s a single family 4 bed home with the intent to rent out the additional rooms. My girlfriend and I will be occu...
Shane H.
Bend policy on 3x rent requirement?
Hi BP'ers!
I have a rental that I am listing at $635 a month in a C area. I have had several calls on it, and one in particular I wanted to ask your opinion about.
Her and her husband are on SSI disability (I do not...