Hi all, We just bought a property in Denver, Colorado to fix and flip that has a tenant in place. She has been living there for about 9 years and has said that she had a verbal agreement with one of the past owners (2...
I have run into a tenant that had decided to take a very legalistic approach with me following a request for access to the property. A few days later I followed with a proper notice of intent to inspect the property....
Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
Good morning all, we just bought a triplex in Phoenix which was fully occupied about 2 months ago. We assumed the lease of the 3 units, rent collected is way below the market average but we thought we will bear the l...
Hello BP!I am working on my first flip on a single family home in Brookfield, Wisconsin. Being a first flip, I have learned a lot (and continue to learn as as I go). I searched the forums for how to resolve my issue b...
QUESTION: CAN I, LANDLORD, WITHHOLD THE LAST MONTH'S RENT ALONG WITH DAMAGE DEPOSIT FOR DAMAGES IN FLORIDA?I searched previous discussions and couldn't find this question, somehow.The specific story if it matters:Purc...
I am now embroiled in a situation at my Florida condo where I have been fined tens of thousands of dollars for violation of a new rule. The rule, imposed by the five-member condo board, says no one who lives here can...
I wasn't sure where to post this as my situation is a little odd. I am working on behalf of a friend to get his remodel project finished. It's an older place in San Francisco and a 4-plex. He first applied for the per...
As some of you may already know I tied up 2 free and clear wholesale properties under contract Yesterday. Here is the situation:
Motivated seller called, we met, I offered , he agreed, we signed two purchase agreemen...
Hi. I am starting to look for my first house hack and am a little nervous on pulling the trigger while living in a different state. I work for Kiewit out of Omaha but am currently supporting a project in Arizona. I li...