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...
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...
Clinton Davis
Pet policies lately. ??
What do you guys normally do if a tenant moves in without a pet but then they want to get one later. What kind of pet deposit is fair these days and is it fair to ask for more rent per month and how much? I know eve...
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...
Jay C.
Understanding Closing Costs on a Refi
Hi all,
I'm looking to refinance and I just want to understand the Closing Costs and Cash to Close details. The estimate of the Closing Costs and Cash to Close are wildly different in the Closing Disclosure that I'm ...
Alan Bosca
Charge prior tenant's security deposit for carpet issues?
Hi -
I have a 1 3/4 year old carpet with some stains - my new tenant is requesting a replacement carpet. I think the new tenant is being a tad picky, but my question is if it is fair to charge the prior tenant for re...
Max T.
charging tenants for a repair
So I have a student rental (Temple University) with 3 young men living in a 4 bedroom/2 bathroom house. I've been managing this rental with them for the past year and a half. They are good nice kids, but they don't kn...
Grant Farrington
Can we keep the security deposit?
Our tenants just moved out. The first floor is about 580 square feet, and the flooring is bamboo. Bamboo is a fairly soft flooring as far as wood floorings go, so to help prolong them, we do have a no pet policy. O...
Mark Hu
Is this a reasonable escrow fee?
10 years ago we did a refinance with a $600 escrow fee. This last purchase we paid a $1200 escrow fee on a 326k purchase. They explained that with buyer and seller involved the fee is twice as much. Sounds reasonable ...
Padma Mody
AC drain clog - Who is responsible?
If AC drain clogs, who will clean it? Landlord or tenant? Is it a normal maintenance? My tenant called me and told me that drain is full.