Karen Johnson
Tenants Screening - Hold Out Or Take A Chance?
I have a house for rent. In the interest of full disclosure I think I may have overshot the monthly rent and was planning to lower my rate this weekend. In the mean time, I’ve actually had a family of four (boyfriend ...
David Edelstein
Reverse 1031 Funding Question
Here is the hypothetical scenario. The exchanger owns a property that is worth $1.4m with a $300k mortgage. Upon sale of the property the exchanger walks away with $1m. The goal is to perform a reverse 1031 exchange. ...
Don Chambers
tenant left after I filed eviction but before being served.
I have filed for eviction on a tenant and I am waiting for her to be served. The day after I filed I noticed she had moved out of the house. I can see in the house and everything is gone. I then put up a For-Rent s...
Dawn Vought
Need Advice - Bank Approved Short Sale But Wants Promissory Note
I am hoping for some viable suggestions on this. Here are the facts (with numbers rounded):
-I own in my personal name an investment SFR in Birmingham, AL.
-Remaining mortgage (principal) on house is $...
Bryan Johnson
Question on Potential Real Estate Investment Partnership
Hi All,
I've been reading for quite some time, but finally decided to make an account given my current situation.
I have been presented with a partnership opportunity for a real estate investment. For a...
Amit Dhawan
Commercial development - Due Dilligence key-careabouts for a Land
In my previous post under a similar heading I talked about my main learnings from a land deal that I'm working to close. In that article I focussed on what to be mindful of BEFORE signing the contract. In this post, I...
Lori N.
Landlord right to enter
I have a townhouse I am renting. I gave my tenant almost a week’s notice to have someone come in and check the HVAC for maintainence for the upcoming winter season. This tenant is very hard to accommodate because of...
Brandon Holley
Court declares mandatory rental inspections unconstitutional
The Southern District of Ohio, in Columbus ruled that the City of Portsmouth Ohio’s occupational licensing requirements imposed rental property inspections and licensing fees upon the landlord, violating the Fourth Am...
Kevin Jorgensen
Options, options, options
For those that have seen my posts before. I've yet to come to a decision on my first REI. As a review:I live in Beaverton, OR in an 'A' neighborhood. But my current home is feeling a little small for my growing family...
Nick Campbell
Making sure my loan is forgiven
My home is currently going through a short sale with two mortgages. It seems they will both be forgiven. I don't have the money for a lawyer, but want to make sure that the bank or a collection company can't come afte...