So once I purchase the property (or prior?) what do I do to get the tenants to start paying me the rent instead of the older landlord? Do I draw new leases up with each one (they are already on leases) or just tell th...
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I currently invest in non-performing notes (seconds). I attempt to get the borrower back on track using a variety of work-outs that benefit both the borrower and me.
I use FCI to service the loans once they b...
There’s a lot to this story but for simplicity sake, let’s start here. A claims adjuster said , from their inspection of the home, that some of the attic insulation is of mineral fiber and likely asbestos. There are n...
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I was just looking on Flikr for some pictures to decorate a new blog post when I searched for "foreclosure auction".
If you follow the link, you'll see that it seems that recently, foreclosure auctions are also becom...
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He wants out of the lease, she's the one paying all of the bills anyways. Do I terminate the lease and resign with just her? Is there a specific way to terminate a current lease by state? Is there an easier way that I...
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COVID-19 continues to hit the U.S. hard. There has been a lot of discussion as to what kind of impact, if any, the latest stimulus bill will have on tenants who are struggling to pay rent month-to-month.
We belie...
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I'll keep this short.First, we recently moved and have had a renter in our former home for 6 months so that we could try to sell it this spring. After living in the house for 6 months, the tenet is now interested in a...
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My lender has an escrow account they pull from to pay insurance and tax costs. Is it cheaper if I just pay these on my own? (Ex: pay my taxes through the county websites and insurance premiums directly to the companie...
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Your goals and story: I want to own a small multifamily that I can live in and manage. I have my father willing to help in any way.Type of property: multi-family (2-4 units)Location of property: North East PAPurpose o...
Hi,
We have lease until May. Unfortunately we bought own house, so we need to break a lease.
We wrote about it to the landlord in the beginning of December. Landlord is looking for new tenants and we do our best to ...