So I'm working my first lease option agreement and have some questions on legalities. First a quick overview of the situation. I am a Realtor and had a referral come to me wanting to sell her parents home. She lives ...
My daughter wants to go to NYU. It's $55K/year (oh my). We saved up $25K for college, so we are short! However, I have a $250K of equity in my house in terms of a HELOC that has a 10 year deferred payment option at 3%...
I just started reading 'Landlording in Autopilot' and just read about having great tenants take over cosmetic projects such as replacing carpet. In the book the author states this allows tenant to take ownership in th...
Hey everyone, I manage a large home that's roughly 4500 sqft and the tenants just moved in last month. The owner lives in a different country so it's quit difficult to reach him on moments notice. We've had a lot of r...
I've
been using Facebook marketplace to list my apartments for the past 5
years. I only have 3 units and it's been pretty reliable to find good
tenants.
Post pandemic....that approach is a disaster. I've posted...
I have a seller who is refusing to do anything except FSBO. He’s offering it at a very low price (mother passed and he doesn’t have the money to rehab it) and there seems to be a large margin there.As a Realtor, if I ...
Hello Bp,
Question, are title agents allowed to wrap FHA loans?
I came across a property that is in pre foreclosure status and seller is looking to sell. I want to wholesale it but not sure if a title agent can wrap...
This process applies to eviction in Cook County IL. Other jurisdiction might have different process.
This thread is to encourage landlords to file for eviction and put their deadbeat tenants name in the system so th...
Late last year,
partnership company acquired a multi family property that help I manage.
Rents were ok but all utilities
were included per the lease. Net income is low because of this reason. As soon
as each lease...
My tenant won't give me permission to show my house to potential buyers. I am marketing it for sale WITH the rental agreement. This was explained to her, that she does not need to leave the property and that the inv...