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Being that there are many more wrong ways to accomplish a given task than there are right ways I thought a thread covering some of the "donts" might be useful for those just getting their feet wet in repairs and renov...
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I have seller with the following situation:$240,000 single family house$165,000 balance due on mortgage ($159k balance + $6k in past due pmts)$950/month (PITI) is the current mortgage payment @ 3.875%$1,400/month Mark...
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I have a inherited tenant that has been paying on time, but has given me fits avout clraning up his yard and loose dogs. I was so relived that he told me he was leaving! I may have pushed him out, and hope I don’t reg...
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Hello, hoping to get input from landlords that might have more experience than us on this! So, we have a SF rental property in AZ...in our contract, it says this about default- My question is in regards to the last se...
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Investment Info:
Mobile home hard money loan investment.
Purchase price: $1,450,000
Cash invested: $2,000,000
Sale price: $2,300,000
Letter for bank financing:
"Dear Debbie,
We would like to ap...
I have been working for over 2 years now to get my Dad's house out of preforeclosure into a short sale status. He is 92. Now that the short sale offer has been accepted, FNME won't pay any relocation assistance b...
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So I live in Buffalo New York. My rental property I purchased in august last year, it’s my first one, it came with this low income tenant that was getting social services and a housing agency to pay his rent.The rent...
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Hello BP! I have the opportunity to purchase a mixed-use building in my local town for 80k. It has two rented apartments on second floor, rented out storage in basement and ground floor is a vacant salon. My plan woul...
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Today my disabled parents woke up in their home to the kitchen fully engulfed in flames. They live in New Orleans and didn't have any insurance on the property because after Katrina, rates went so high they just coul...
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Who rents to family and friends?How has that worked out for you?Personally, I won't do it. I know my family and they can be a pain in the ass.My first Contract for Deed has just started with my Best Friends younger b...