I have a son of a friend who has come to me with a pre-forclosure. He's 4 months behind on a 1st and 2nd mortgage.
Looking at the numbers, it does not seem to be a good property to flip to an investor. But I would lik...
I am under contract for an 8-plex closing at the end of the month and am wondering what folks like to do when inheriting new tenants. Should I have everyone sign month to month leases or try to get them to sign year l...
I just purchased a property that has a tenant in it who has no lease, is month to month, with no security deposit. As tomorrow is the 1st and nothing formal has been set up I was planning on collecting the first payme...
I have a duplex that I recently renovated around 1st and Pittsburg in Tulsa. I've been trying to rent it for a while now and seems like a fair amount of interest but haven't got a lease signed yet. I'm going to do mor...
Day 2: Here is the deal I looked at on January 1st and would like help crunching the numbers. I am new to all of the calculators and some of the terminology so please go easy on me. Thanks for any help. Here is the p...
I saw an ad on craigslist which is targeted towards rent-to-own buyers and said something like "we will find an investor to buy the house for you, and then you will lease option the house from the investor for your de...
Is anyone else having their rent checks delayed in the mail? One tenant who has pre-addressed and pre-stamped envelopes from me has had their checks delayed multiple times. One time it took 2 weeks. The postmark was d...
Fellow BPers how might you handle this situation:a young couple had good references and rented a unit from me. First check couldn't deposit as it was a starter check (not their fault). They provided a second check r...
Help! A couple months ago, i purchased a property at the foreclosure auction on what i thought was a first lien. The title company assured me that it was the first and that they would insure it. Well, It turned out t...
We just bought our first rental earlier this year and I'm have some issues with the tenant. Not too serious, she and her kids keep the house clean and haven't caused any damage, but her payments are almost always lat...