James Green
Binding promise to sign a lease
I realise it’s conceivable this may vary based on local law - but is anyone familiar with a prospective tenant being held liable for any amount based on an email assurance that lease terms would be acceptable/signed, ...
John Dillon
Government Fixed Interest Rate Program
The recent Program announced in Washington is more "smoke and mirrors" than actual relief for the sub-prime borrower. In the end, very few sub-prime home owners will qualify... and if they do, has anyone yet found out...
Mike Hanneman
Insurance claim on rental roof?
Just had a couple recent wind storms come through within the last couple months, and was notified by the tenants that shingles have been coming off the roof. The roof is on my duplex, that I was planning on replacing ...
Chou D.
Adding a bathroom on main level - cost / plan?
Hey everyone, first time home buyer here. I'm looking at purchasing a property that doesn't have a bathroom on the ground floor. What would be the best place to add a powder-room or a half bath, and how much would it ...
Steven Rodriguez
Florida Tenant Laws
Hello everyone, I'm from Miami but I was wondering if Florida/ Miami has tenant laws which limit the amount of tenants that can live in a single family home assuming it had 4 bedrooms and I would live in one, for a to...
Russell Buxton
Cash out refi on 12unit multi family
Owned a 12 unit multifamily for 12months. Purchased for 360K and put in 70K in repairs. Rental income 80k for the year. Property now running stable with NOI per month at approx. 6k. (month 13 and onward). Considering...
Solomon Morris
Househacking in maryland
The woman in my life just moved in with me (and two military buddies I have in bedrooms paying rent). Check it out everyone... I know she doesn't like it... Every now and then she'll bring up just how much of an inco...
Camronn W.
South FL lending advice
Hello I have a duplex payed for in cash in St. Lucie County, FL. I would like to access the equity available in it, the problem I'm having is that the banks I have talked to will not lend on anything under $50k. An...
Chai Sag
Lease Extension in North New Jersey
HI My friendsI am looking for adviceHere is the situation:I rented out a house and lease ends on March 31/15Tenant not sure if he is going to renew lease because maybe he relocates out of StateHe asked me to go on...
Account Closed
Land acquisition checklist
Hi all,Would anyone share a due diligence checklist they use during raw land acquisition for purpose of single family residence construction.Thanks in advance.