David Ward
Are wholesalers unlicensed brokers?
Seems like wholesalers are pretty much unlicensed brokers. Whats the difference? A broker is the middleman, is that not what a wholesaler is?
Ramon Purifoy
Late Payment Fee Recommendation
I have a rental where we have tenants who have paid on time for the last year. We use a rent system that is due on the first and late on the 5th method. We have student tenants who choose internally to split payment. ...
Dylan Lersch
Landlord wants money from a month they didnt collect from.
Hello, First post here and it's a personal one from a place I was renting from. I moved out early from my lease because I bought a house and I paid the lease break fee and was prepared to pay the 2 months notice I was...
Mathew Zorn
Renter late yet again broken lease several times
Hello PB (sorry this is so long),
I have a tenant who has broken the lease several times. So many times that if tenant would have been with someone more knowledgeable in the business or even controlled by a PM compan...
Joseph Ret
Legal question concerning security deposit
I have a ex tenant who was month to month and violated their lease agreement by damaging the house, not paying rent and water Bill's. They have moved out but they have come back two months later asking for their entir...
Sean S.
Second mortgage foreclosure scenario
Say a second mortgage lender forecloses on a home. They're owed $100K and the lender on the first is also owed $100K. The 2 lenders work together and set the minimum bid at the auction to $200K. The lender on the seco...
Account Closed
Softening the Tax Blow of Early 401(k) Withdrawal for REI?
This is more of an Accounting question but the REI aspect of it does warrant discussion IMHO. I have a sizeable 401(k) that I would like to take a distribution on so that I can use it as after tax dollars in order to ...
Ben Boru
Negotiating the bank down?...
Here is a mortgage statement from a homeowner that is being foreclosed on. He wants to sell to me. Can I negotiate some of the interest and late fees down from the bank? And what is the best way to approach that conve...
Isadore Nelson
Help Non-Paying Tenant Transition Into Section 8 Eligibility?
I recently acquired a property with an existing tenant who has been living there for about four years. The tenant was paying rent to the previous owner but hasn't been paying rent for a while since the property was fo...
Frank A.
Anyone w/Recent Eviction Exp?
Hey Team,Looking for anyone that has recent experience pursuing an eviction for repetitive lease violations (noise, disorderly conduct, etc.)? I'm trying to get rid of a problem tenant but I'm hearing it's almost impo...