Alejandro B Yoon
A/C broke, tenants want to be compensated, need advice
I currently manage my mother's property that is using a rent by the room strategy. Last week the A/C in our unit fried from a power surge and required a new thermostat and tablet piece. After back and forth with the t...
Account Closed
Lender says “no loan for a 5 hour commute”. HELP
I want to buy a house 2.5 hours from my duty station. I watched my mom travel 3 hours to and from work (6 hours round trip) when ahe worked in NY and she wanted us to go to a good school in NJ so this is normal to me....
Why do many wealthy people wait so long to retire? Despite earning a physician’s salary, living frugally, and saving what most would call “more than enough” money, today’s guest worked for another four years before pu...
Financial independence by the age of twenty-five?! Today’s guest started working and saving money at a very early age, which allowed him to buy the time and freedom to do the things he values most. Whether you’re twen...
Robert D.
eviction in cook county Chicago, property bought on auction
Does somebody have experience with eviction of non owner occupant in cook county Chicago ? I purchased the property on the judicial sale and looks like somebody lives there. The law in IL states I need to give them 90...
Nick Michaels
Buying a house with current tenant - seller's family
So I have an accepted offer on a duplex where the bottom unit is currently occupied by the seller's son, who wasn't paying any rent at the time - I knew this before I made the offer. I spoke to him (the son) briefly y...
Jeff W.
FHA Occupancy Question
Ok, so I know the rules on FHA state that I have to live there. Well, I've been looking at a few houses/duplexes, that are currently rented out, but the lease expires within 6 months.
Can I buy these FHA and then pro...
Paul Z.
tenant wants move-out inspection done before move day
Hi there.I have a tenant moving out on Feb 29th. He asks the inspection to be done a few days beforehand. I guess it is because he would be busy moving that day. What would you suggest I do in this case? Is it a good ...
Larry K.
Do private lenders/HML do 30 year loans?
I know private and HML do short term loans to have permanent financing put in place by a bank after rental is renovated/stablilized.
Do private or HML also provide permanent financing such as a 30 year mortga...
Jeni Nikolova
Terminating lease 52 days before reassignment date with PCS
Hi, I would love some insight and perspective on an issue related to early lease termination.Our tenant, a military family, told us at the end of December, a bit less than 4 months after they moved in, that they had g...