Jerry Rode
Worst part of Landlording - Evicting in December
/start rant
Just venting more than anything. Decent renters, took care of the house for 6 months, but over the past 3 have gotten into a downward spiral of late rent. October was late by 15 days, which was the firs...
Liz Pineda
Co-Signing Lease to Own Agreement
I got a question from a potential tenant/owner if he can have a co-signer as part of his lease option agreement. Does any know if this can be done? If so, how AND how does it affect closing after option term ends?
Denise Gold
Tenant without Established Credit and Foreign Parents
Hello,
I have a prospective tenant who is foreign. She has just graduated from college in the U.S. on a student visa and is looking for full-time employment (her visa is valid for another 10 months). She has not ye...
Michael Gallagher
Applicant requesting to pay year in advance, from out of country
Hi, I have a request from an applicant who is new to the US to pay 1 year in advance (plus security deposit) due to no credit/pay history since moving here. The applicants cousin (lives local and is local realtor) ha...
Max Guerrero
Let me know if this would work
Hi all! I’ve got this idea bouncing around in my head but do know if it will work. Here goes...I’ve been looking into investing outside of the state I live in (WA) and in the state I grew up (UT). All my family and fr...
Erica Husted
Smartest Way to Invest $10,000
I am a real estate agent and aspiring investor in Grand Rapids, MI, who recently just made my first large commission on a million dollar home. My original goal was to roll a portion of this money right into the downpa...
Jonathan Lilly
Business Partnership Financing
A friend and I are looking to begin a rental property investment partnership. We have in excess of the 20% down payment for the loan between the two of us. I have spoken with a few banks regarding the financing of pro...
Loree Sarokas
Withholding Tenant Security Deposit for Damage
Tenants were all college students with co-signers from out of State. They were OK tenants during the course, some hiccups and OBVIOUS smoking marijuana in the house with a VERY clear no smoking policy. Tenants set the...
Laura C.
No job, but cash on hand - regular financing or cash out refi?
Newbie RE person here. I'm looking to purchase a home near the Sacramento, CA area. I had quit my FT job last year, so no longer have any earned income. However, I should have enough funds to pay for the home in ca...
Vierra Wong
Commercial tenant wants to sell his business
Hi,We have a commercial restaurant tenant that is interested in selling his business to one of his employees (the chef). The prospective tenant has good personal credit however does not have much in assets nor very m...