Peter Walther
Business Email Compromise (BEC) scam
I've seen several posts related to losses from a BEC scam and came across this story of a title agent that lost some money to scamers and tried to recover from his E&O insurance.
The United States District Court ...
Chelle Knijnenburg
lease change the renter (a lawyer) wants to add about escrow
Hello all.Our future renter wants to put these two items in the contract, one is in case we put the house on the market. Note that she is a lawyer. We don't fully understand the escrow clause and how it might affect ...
Bob Romano
Tenant always late, what to do?
My tenant has been in since Nov 2018. Out of the 4 months, he has been 15 days late for 3 months. My lease states rent is due on the 1st. It is late as of the 5th and there is a $50 late fee as of the 5th. He consiste...
Chris Seveney
Note Investing - Amazing Stories
When investing in notes, we all have those deals which are “head scratchers”. Interesting to hear your story. I have many to share (including offering a non paying borrower who hadn’t paid for over a year a free house...
Margaret Feit
Reporting Personal-Title Properties on a Partnership Tax Return
My husband and I are members in an LLC partnership that owns several rental properties. We also have a handful of properties that are titled in our personal names because we have mortgages on them that had to be in ou...
Maura Paler
Conventional Loan - Apply to 2 Banks?
We are in contract for a single family investment property (vacation rental). This is our 4th VR investment property, will be our 3rd mortgage. We have been pre-approved by one bank (which is no guarantee of a loan we...
Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Joshua D.
Seller Stays 30 days after closing!!!!!????
So my brother is buying his first house in Northwest Ohio. He is suppose to close next week and was telling me that their contract with the seller stipulates that the seller can stay in the Home for up to thirty days...
Lokesh W.
Realtor Not Returning Earnest Money. Cancelled My Check
I have never backed out on a deal for which I have paid earnest money before.
I had an accepted offer on a duplex. I mailed my earnest money but later I changed my mind because another offer of mine got accepted so ...
Brendan Kortz
Contract Cancelation help
9 days ago I got a property under contract. The neighborhood is worse than I thought and people aren’t all that interested. I told this to the seller and we agreed on lowering the price. I was just going to cancel the...