So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...

I lived in a unit while I rehabbed it. Electric stove/oven was not new but in good working order. Tenants in two weeks and say oven is not working. I sent out a repairman who checked burners, oven and broiler and all ...

I heard a rumor that commercial lenders are asking about forbearance. Specifically, if you had to ask for forbearance from your bank since it indicates a borrower has less than a stable financial position. Anyone else...

First of all, who cares about interest of x when you are bringing in 2-3-4-5-6-7X in profit? Right now we all need to be SECURING THE ASSET. Someone recently said this and I loved it "Marry the house, date the financi...

Hey all

Got a voicemail from the local police, saying You need to stop right away the "help with foreclosure" messages (yellow letter'd pre-foreclosures with auction dates in the next month or two) yadda y...

I see alot of people that advertise bandit signs and I think that they're a great avenue to get business . However I don't think it's worth the hassle if your going to get hassled by the local sign police if you conti...

Hello. I have some tenants under a 1 year lease who decided to up and leave today essentially breaking the lease. They were four months into their lease at $750/mos. These are college students. I politely sent them a ...

It was slow in February and March finding a tenant for another rental, though I ended up with 5 qualified applicants and filled it before I had any vacancy. Now I have another  house vacant for 3 months and almost no ...

Anyone has any experience renting out to ODSP (Ontario Disability)?  Any gotcahs?  Anything to look out for?

**I just posted this in the Mortgage Forum but then realized the Starting Out section may be better**Hello All,Recently graduated college and looking to kick off my real estate investing career. I am trying to figure ...