Lois Ginter
Tenant as Helper/Employee
I will be inheriting a tenant who is a retired custom car builder/mechanic and his wife. Their unit is well maintained, and they currently do cleaning and yard maintenance on the side for other properties. They have...
Jay Hinrichs
Note experts what do you think about pre signed quit claim deeds
I hear many lenders require the borrower to pre sign a quit Claim deed when they fund the loan.. with the proviso if the loan goes 30 days delinquent that the lender will just file the QC and wipe out the borrower wi...
Gloria A.
Can I hire someone to get tenants in but not manage properties?
Hi all,We have been looking into managing rental properties on our own and currently have a property manager with one home and are self-managing the other home. We've got the management software and maintenance reques...
Scott Pigman
Why Don't TX Realtors Try to Get Buyers to Pay More?
So today I got a lesson in how realtors work in Texas, or at least in the Austin market. I was more than a little surprised at how they do things and I'm trying to figure out if it's because of some silly regulation, ...
Evan L.
Being sued for unknowingly missing HOA payments
Hello,I am a new investor having purchased my first property in Cordova, TN a year ago and a half ago. It turns there were annual HOA dues for the property I didn't know about. The closing attorney, property listing, ...
David Dachtera
Your Credit and the SCOTUS's FDCPA Ruling ...
Let me start off by saying that I am NOT a financial or legal professional and none of what you are about to read should be construed as either financial or legal advice. Always consult a qualified professional.At my ...
Jimmy Klein
My friend defaulted on full recourse loan and have a question
Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...
Jon Schwartz
Who understands the vacancy control clause in CA Prop 21?
Ballotpedia has a pretty good summation of the vacancy control clause in CA Prop 21, which will be on our ballot in November:Allows rent increases in rent-controlled properties of up to 15 percent over three years at ...
Kumar Chin
How to bypass Dodd-Frank? Lets discuss options. Anyone?
I have been doing a lot of research regarding the Dodd Frank act. I have a couple of ideas that might help avoid legal issues with Dodd Frank. I spoke with my attorney yesterday and he said on one knows if rent to own...
Brian Gibbons
Dodd Frank News Oct 22, 2014 - CFPB Finalizes Qualified Mortgage Points & Fees Cure
On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...