Michael Burke
Shared Laundry in Duplex
Hello BP,I recently closed on my first buy and hold rental! It's an over/under duplex with a shared basement and is fully occupied.I have very quickly come across my first "issue" with the property. The shared basemen...
Alice He
Process for Tenants in Common
Hi!I'm planning to purchase real estate with my boyfriend as tenants in common, since purchasing through an LLC is complicated with his visa status.Does anyone know what the process is to become tenants in common? For...
Karen Johanson
When to Evict
Hi, all...I have a tenant who's had repeated complaints from neighboring tenants about loud arguing, yelling, screaming profanities, etc. I responded several times and that issue seems to have subsided. I recently had...
Mario T.
common inspection reason to terminate contract
Just curious but what are common inspection issues that a person can use to terminate a contract?
CO Yilmaz
Jacksonville specific repairs for real estate properties
Hi,Jacksonville is an area that I'm looking at and I was wondering if a local can help me out with this question.Background: I live in Toronto, Canada and the city here back in the day filled up a part of lake and all...
Jacob Beg
Erroneous Foreclosure and Mortgage decline
Hi All:
My cousin was supposed to close on a conventional refinance in a few days. The lender is claiming that he had a foreclosure where he co-owned a property with someone and was on the title deed. Since the fore...
Taylor Kendrick
How old is too old? (or, what should I know about homes built in 1920?)
Hi everyone,
I'm looking at a variety of multi-family homes right now and I found an interesting MFH. All brick, built in 1920. Much older than most of the other listings I'm into but the rough numbers indicate it wo...
Kristyn Grimes
What's the Most Common Lease Violation You See?
What are some of the most common lease violations you see? I plan on strengthening my lease for my next property and I'm sure there are things I'm not covering. Aside from moving out in the dead of night and not payin...
Account Closed
One loan, Two Properties, Two Different Sellers
So I'm under contract for two different properties that each have separate sellers (both parties unrelated completely). Since one property falls below conventional loan minimums (75k is usually what I see as a min) an...
Todd M.
automatic door locks
Hello,
I have a 4 plex with a common door with access to utility room. Tenants are suppose to keep this door locked (deadbolt and regular handle lock) at all times. Well, they don't and I had a "break in".
Thiev...