So I inherited some tenants on a property I closed on earlier this year and had to go through the eviction process. While I was doing my due diligence on this process, I found some difficulty getting details on what t...
How do forum members handle renters who stop paying rent? Do you evict right away? Do you submit their delinquent rent to the credit bureaus and hit their credit score? Do you offer a write off for keys? Do you try to...
Any ideas on how I can get this driving for dollars lead nailed down? Owner is deceased. I contacted the wife and it’s a bit of a mess. It was his mother’s house and she quit claimed it to him prior to her passing. No...
So we have received word from our tenants that they wish to vacate in 6 weeks, at the end of their lease. We notified them that we would like to come review the property in the next week so that we can assess when it...
Would it be much of a risk to rent on a month to month to an individual who filed chapter 7 Bankruptcy back in 2012 and is forceclosing on his home this year? I have only had 2 applications turned into me, in a 2 mo...
I had to finally evict a tenant that owed me more than 7k in back rent. I tried to work with them as much as possible so they could stay in the house. In the end they had no remorse that I paid their bills. I gave ...
I’d like to begin looking for my second financed property, but would like to place this one in my LLC. My lender wouldn’t allow me to do so the first time around. After speaking with other lenders recently, I’m still ...
Hi! First time post. Looking for some advice from the community. One of the properties we recently purchased in Charlotte, NC had a problematic tenant. We knew he was problematic going into the deal, and it only to...
When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
I'm currently trying to decide on if I should borrow money from my 401K or use a HELOC. Please share you thoughts!Let
say that I'm able to use my 401K to borrow $30K. The other alternative
would be for me to trans...