Hi! Long story short, we evicted a tenant for non-payment. We went through the legal process (using an attorney) and she is out of the property. With attorney fees and late fees, she owes about $4k. Do I have any opti...
I recently found a house being sold at auction. It’s not a foreclosure and apparently the sellers have an option to not accept the winning auction price. This might be a great opportunity for me but I have only begun...
OK, so I am a fairly new investor from Washington, DC an I am realizing that most of the worthwhile deals in the city are auctioned properties or wholesaled deals which require "ALL CASH" offers. Since I am fairly ne...
I met with a seller today who said he'd heard of a law that just came out within the last couple of weeks, that protects tenants (from being evicted) when the owner is collecting rent without paying the mortgage.
Now...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $202,150
Cash invested: $26,936
We purchased a $5,000 sq ft 4 plex with 4 x 2 bedroom appartments that each ...
I have come across a significant deal in my area for a property. The current setup is there is a single owner (74 year old male). He is widowed with no relatives. The property setup includes 61 acres with two separate...
Hi
guys. House worth about 1.7m is being foreclosed on in Fulton County,
Georgia. City of Atlanta. Lender balance about 1m. Contractor has a
mechanic's has a lien on the property for @200k. I believe the mecha...
I am stuck at a what to do, looking for some unbiased opinions. I have a 3 story townhome in Denver worth $440,000 with $250,000 left on my loan (2.5%, 15year. $2300/m total payment). I am currently mid-term renting t...
Trying to understand and also potentially give a warning.
Here are the details - I recently had a tenant move out. She was overall a good tenant. She gave 30 day written noticed and communicated through out the pr...
I’m in the due diligence phase of my second rental purchase. It is an off market deal and the seller does not have a lease agreement (the tenant has also confirmed). The current tenants have lived there for 10+ years ...