Satha Palani
Financing a duplex - am i being politely declined
Hi,I have a pending offer on a duplex that is being offered below assessment. Its currently tenanted and i am buying it together with the leases (1 year term). The house needs work but the type that can be done in bi...
Ariel K.
Security deposit transfer
I am under contract to sell a 4plex in Texas. I have agreed to make some repairs prior to the sale closing. The wrinkle is that I have one tenant whose lease ended on 1/31/20 and there are repairs in that unit to be m...
Tanim J B.
Understanding Lease breaking fee
Can you please help with General understanding for early lease termination.If Lease says, 1. Tenant must pay early termination fee. equal to 1 month rent.2.Tenant will continue to pay rent and utilities until a re...
Steve Garner
Reasonable wear and tear
What is reasonable wear and tear? I have a 2 year old buy and hold. I painted the entire interior and had new carpet put in. The tenant was there for 2 years. They patched the wall holes and left the white spackl...
Jeff Warner
Interest Rate - What is the average??
I plan on having at least one Mobile home before the end of Feb., 2 if everything goes good with the one I will be checking out next week.
I'm curious what interest rate you guys normally set for your deals. I was t...
Joseph Pytcher
Starting a HML Company here in DFW - Seeking Advice
So a bit of background. I've been in real estate for almost 17 years. I've been a licensed lender since 2008 and have flipped hundreds of homes. Starting a hard money lending company makes sense to me since I have hun...
Emilie Ponsin
How much can we take out from a security deposit ?
Hello Bigger Pockets commumity !
I do have a question related to an apartment I rented for the pass 4 years in New York City.
The landlord decided to take $1400 of the deposit without any explaination.
We receive...
McKenzie Peterson
Best way to rehab a property
Is it possible to go under contract and then find someone that will pay all rehab cost and only ask for principle and interest back ( at a reasonable % ) without having to use any cash or credit ?
Melanie VanBuskirk
Possible reason why gas company won't turn on gas
I have a property under contract to buy, a HUD property. I have until Fri to complete inspections. I called all 3 utility companies to have service turned on for the inspection but when I got to the gas company they s...
Jeffrey Sommer
Cold Calling Pre-Foreclosure
I recently cold called a list of approximately 500 pre-foreclosure properties and had a much lower answer rate than I normally have. It makes sense to me that if they are getting foreclosed on, they probably have peop...