Troy Michaels
Subject to land trust questions
couple questions. i know these are basic simple questions, but wanna make sure:1. if you use a land trust to close on a subject to property, does the trustee sign on behalf of the trust on the deed you get from the se...
Brian Doebler
Hubzu breaks binding contract!
I have been buying and selling properties for approximately 20 years now, usually about 3-4 per year. Wanting to share my experience for 2 reasons. 1. To see if any others have had similar experiences and 2. To find o...
Tony Kogan
Can I ask for the paystubs from the tenant in Georgia
Hi BP community,I have a questions with regard to my rentals. Is it legal to ask for a pay stubs from the tenants prior them signing the lease in Georgia. I have heard different opinions and I am not sure. Looking for...
Samuel H.
Security Deposit Refund Method - Money Order or Bank Check?
Hello BP! I'm a new landlord here, and I just had my first tenant move out (it was a VERY short lease). I've gone through all of the steps for moving out, and now I only have to return the security deposit. What me...
Wesley W.
Inherited tenants
Hello all,I'm currently under contract to buy a fully-occupied multi-family property. This is the first time I will have inherited tenants that are on a year lease (as opposed to month-to-month).One lease expires in ...
Babek Sandhar
Help deciding whether this foundation is a minor fix or not
Hey fellow big pocket members,
First time home buyer here. I’m really excited about buying my first house in the Sparks/Reno, Nevada Area. I feel I may have come across a house I really like.
However, long story sh...
Carolyn Guertin
Are nonfunctional appliances a deal breaker?
I made an offer on a bungalow with an income suite downstairs last week. The basement unit only needs some paint and a few other touches to be rentable -- and I was counting on that income to keep the place afloat whi...
Tong Vang
Last mintue Buyers/Broker's Contract
Hi all. I am a buyer and have a house under contract already. I have been given the clear to close from my lender. Our close date is next week. Anyways, a few days ago my real estate agent emails a buyer/ broker c...
Ryan Bird
Back out of contract - Illinois
Is it true that in Illinois buyer can back back out of a contract in 5 business days of signing for any reasons? Are there any exclusions?
Account Closed
Earnest Money Deposit
Hi everyone. Happy new years to all.I have a concern about earnest money. I initially intended on double closing on a property however my B-C buyer backed out of the deal. I disclosed that earnest money was nonrefunda...