Callum K.
Repayment of 2008 first time home buyer tax credit
In 2008 I purchased my first home and qualified for the $7500 tax credit loan that requires a repayment over the next 15 years. I made the $500 payment in 2010 and 2011 but in 2012 I converted my home to a rental pro...
William Byers
Buying a note - Deal or Dud?
Seeking advice from more experienced note buyers. I've been offered a 1st position, non-performing mortgage that has the following status:
There's a second of +/-50k. Home value is about $53k. I rea...
Greg P.
Hiring Carpenter and his brother with no insurance or business
Hello, I would like to know if anyone in their right mind would hire someone who knows what they are doing, but has no insurance or a business name. He does work on the side and has his brother and side helper to get...
Ryan Horan
Taking over a section 8 tenant
We currently have an Indianapolis duplex under contract. The property is tenant occupied with section 8 tenants. I've searched for information on taking over a section 8 tenant, but it seems to be unclear. We are not ...
Justin Haberman
Build on burned home foundation.
We have found a vacant lot that we have mailed the owner to offer to purchase. It appears that there was a fire and the foundation remains. Has anyone ever purchased a property like this? I'm assuming you would need ...
Greg P.
What is going on with Lack of Inventory and Housing Prices in the Current Market?
Hello, I've noticed many people talking about the lack of inventory on their MLS including myself on these forums. Could someone with experience please explain if the market is going up? I've noticed that the housin...
Spencer I.
Who pays back security Deposit?? Seller or Buyer
I just closed a wholesale deal where the seller was selling the property with tenants in place. Found a buyer and closed the deal, but now the buyer wants to know who is responsible for the $400 security deposit the t...
Mark Weinstock
First time landlord learning from my mistakes needing eviction advice in South Florida
This is my first experience as a landlord and really don't think I've handled it well. My first big mistake was I got to friendly with the tenants.Mistake number 2 is the first time they were late with the rent I l...
Joel A.
California Eviction, chances of recovering judgement
So I’ve been dealing with one of those ‘tenant from hell’ types for the last couple years in my SFR in Moreno Valley, CA.
He’s been violating city codes by illegally operating an auto repair business on the premise...
Henry Senatore
PRO ADVICE PLEASE - my father died & left bad "tenant" / brother
Unfortunately my father had a major stroke and died recently. He left myself (executor of will) in charge and I have 3 brothers (we all get 25% of all assets). Dads house is a fully paid off 2 unit on long island in a...