Cali Skier
Buying a house with a Tenant in it, wants to break lease
We are buying a house and closing soon. During my final walk through, the tenant pulled me aside and said that he wanted to break the lease. I told him that the lease cannot be broken. That, just like I can't come i...
Nate B.
Take the money and run or in it for the long haul???
I close on Friday on two buildings (30 storage units) and a small office space. Currently ill-managed with 27% vacancy...while the area is about 98% occupancy on storage.Anyhow, have another buyer interested in picki...
Jason Malabute
It is crucial to analyze a market before you invest in it
It is crucial to analyze a market before you invest in it.
There are various factors that you can analyze to have a thorough, multidimensional analysis of the market. These include population growth, job growth, medi...
Janice Benevides
Tenant tried to unclog toilet by putting a long cable in it.
Tenant has caused me a major repair job. He tried to unclog the toilet himself by putting a long cable into the toilet. It is now wrapped up in the septic system. Plumber told me he has caused major damage. He put it ...
Dawn Oree
Week 1 Of DD Flew By! I'm KNEE DEEP In It Now!
just wanted to keep you all in the loop! The first week was expensive but it's over. Inspection is done and my contractor is crunching numbers for repairs. I've gotten everything I need done and in to my funding pa...
Account Closed
Have you ever looked at a property with a tenant in it?
There is a "tired landlord" who wants to do a lease option. There is a 80yr old tenant in the property. The landlord says the lease expires in 2 months. But the tenant might keep renting the property. So, What would ...
Philip Tuazon
What’s in it for a lender to offer me an LTV loan?
Hi, newbie here. Still trying to wrap my head around the refinance part of the BRRRR process. What’s in it for a lender to offer me an LTV loan? When are lenders more likely to offer LTV loans, market wise, and based...
Matt Berklacy
Mary Bailey in It's A Wonderful Life is my greatest RE mentor
George Bailey's wife buys a haunted-looking fixer-upper house that’s been sitting vacant for "20 years"in upstate NY... It needs about $125k of full rehab work in todays dollars... I think she gets the place for penni...
William M.
Looking for an opinion or advice on inital contact with a contract.
I'm scheduled to view a few properties in two different areas. I don't know any contractors, so based on my conversation with this contractor I would like to use him to give me a general sense if a property needs work...
Ben Bakhshi
Buying a note that is late in it's straight line amortization schedule
With straight line amortization schedules, interest payments decline over the life of the loan.Does anyone have some tips (or formulas, or excel tables) for calculating the actual interest collected if you buy a note ...