Allen B.
Landlord Prosecuted for renting to Illegal Immigrant's
This is an interesting article from the Lexingotn Herald Leader. Interesting to us, becasue we have rented to some illegals who gave us bogus ssn cards in the past, but have always paid on time:
http://www.kentucky....
Kenneth Stamps
Liability question for residential vs. commercial loan
I am about to make an offer on a 4-plex in Texas. I will not have the 2 year tax returns in order to obtain a commercial loan (I will have 2 years in April but I want to close ASAP). As such, I am exploring simply doi...
Jane Hudson
Open houses scheduled for after "final and best" deadline
QQ - I'm bidding on a property and have been told there is another offer. The listing agent sent me a "highest and best" deadline which I responded to. About the same time I submitted my offer, they scheduled 3 open h...
Granville L.
Tennant squatting
Well, after 4 years of renting we have our first squatter. Long story short, they paid for the month then did a stop payment on the check. When confronted they said they were not paying so I evicted them. Funny thi...
Jim Gordon
State of Ohio March fines list
The State released a partial list of March fines for illegal real estate activity. This can be anything from propertry management to selling homes without a liscense. Because of forclosure fraud they are really going ...
AJ Cerbo
Eviction - Tenant Forged Documents
Hey everyone -Found out today my tenant faked their bank statements and employment. It was poor screening on my part (I used Zillow's rental manager, but didn't realize the income section wasn't verified). I'm in the ...
Marc Thompson
1031 Scam or Fraud?
I have a question about 1031 fraud.
If a seller signs a form 1031 for a million dollars, but the money was never transferred to the seller from the escrow company, and the buyer never planned to allow that to...
Terry Portier
How do I find out whats owed pre-short sale?
I have a motivated seller/realtor that is about ready to go into short sale, is there a way I can find out what the seller owes? Is it public record? The seller is not disclosing that info and the offer from a big reh...
Josh Clinard
Acquiring a Primary residence through a 1031
Just a little back story.My wife and I have our first rental property ready to rent. We planned on renting until August of 2019 as then we will have had the house for 2 years. We plan to sell due to the local market f...
George Lewis
New Investor Virginia Area
Greetings BP,I'm a new investor in Virginia. I am an attorney working in criminal litigation, prosecution, but I also have experience with landlord tenant law and real estate law. I had a realtors licenses in Kansas...