Sandra Roddy
One Commercial Loan or Two HEL
Currently, I have two small starter homes that are paid off. In order to expand my portfolio, I am looking to use their equity to purchase more properties. Going by the 70% LTV ratio, I will be able to pull out roug...
Tim Czarkowski
Purchase an HOA Lien?(On purpose this time)
I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...
Kenneth Garrett
Avoiding the Eviction Process
I have evicted tenants before but here in Illinois it is time consuming and costly. Looking for creative ways to get tenant out legally. Buy them out, etc.
Chris S.
Screening Potential Tenants
Been owner of a two family for about ten years. I have never (knock on wood) had the apartments vacant--mostly due to location (walking distance to subway in boston) and affordability. Over the past, most of my scr...
Vincent A.
Illegal B.C. Landlord Tenancy Situation
Who: Landlord Vs. Tenants (Close Relatives)What: Landlord is looking to push out current tenants and instead increase rent by 25% by stating that their son & family are looking to move into the unit (which is allo...
Ken Williams
Being threatened with lawsuit.
Hello, I am being threatened with a lawsuit on a property we sold for a failing sewer system. We put a clause in the contract about the sewer problem, which was the exact same clause we had in our contract when we pur...
Eric Brown
Beginning my journey to becoming a full time real estate investor
Good evening fellow Bigger Pocketers. I'm a military pilot currently stationed in California. I've bought and sold 3 previous homes that I purchased while stationed in various places. I typically like to buy "broken t...
Julie Ann
Tentant is disputing Claim against tentant security deposit
Tentant was late on rent (last month of lease) sent a 3 day notice to pay rent or vacate. I received a letter from her during that time (she moved out 8 days before the end of lease) with the house keys, garage opene...
Alan Grobmeier
Tired of getting calls from wholesalers and flippers
I average 2 calls a week where someone calls me up and wants to buy one of my rental properties. I have heard the speeches so often I KNOW what they are gonna say next. Usually it starts out with, "we have bought a ...
Edita D.
Repairs exceed tenant's deposit
Hey Guys!It seems our tenant kept unauthorized dogs at our property, and there are extensive pet damages to the house (flooring, fence). We think the repairs will SIGNIFICANTLY exceed tenant's deposit. Of course, we w...