I am selling one of my rental properties. The current tenant paid a $600 pet fee (2 pets @ $300 each). The lease calls this a pet fee, not a pet deposit, and states it is non-refundable. The buyer has rightly requeste...

New regulations on payday lending companies in Britain has resulted in a stagnation or slow down in the payday lending industry there, according to numbers from the FCA (Financial Conduct Authority). After strict r...

On May 25, 2012, the Consumer Financial Protection Bureau (Bureau) issued a Proposed Rule (Rule) which, if adopted, would govern the process by which a "nonbank covered person" may become subject to the supervi...

I'd love to hear peoples thoughts on the pros and cons of the Chicago SFR market right now.  Also whether or not you think their are "bubble proof" areas of the city for the rental investor as we potentially approach ...

I have a client who was in contract on a small investment property in which he found a company that would "broker" the relatively small 50K loan. (80%) There was a number of red flags and horrible communication.... To...

Hi everyone and Happy Holidays! My name is Kenny and I am based in Los Angeles, CA, in particular the South Bay (Gardena, Hawthorne, Torrance). For the past two months I have been learning and taking action on wholesa...

Great news everyone!

http://www.housingwire.com/news/2013/04/26/lawmakers-fight-save-financing-manufactured-homes

p.s. For those who support this bill, here's a link if you'd like to write your representatives: htt...

Great question! QM stands for a qualified mortgage. Qualified mortgages tend to be traditional government-backed loans and conventional loans (basically non-government backed traditional loans).
QM Loans are usually...

Hey All - I live in Nebraska. I am currently getting ready to move out of state and I have a rental I own free and clear here in Nebraska that I do not wish to manage from OOS. I am considering selling it with owner f...