Rick Doctor
Question about Judgment Lien (Florida)
Hey BP Nation!I need information regarding Judgment Liens on a property.I have a property under contract, but a title search revealed that there is a pretty sizable judgment lien. I am not familiar with this situatio...
Jon Robinson
Buying a Home Owners Association
I was recently going through a list of pre foreclosures and have found several that are in one particular HOA, after further research I found that this particular HOA's fees are pretty high ($500 a month) and I am gue...
Sean Peters
Tenant Ignoring Late Fee Notices & Refusing to Pay
Hello all,I am currently in a situation where one of our retail property tenants is refusing to acknowledge and pay late fees as stated in the lease. This property is a family property and until recently it was manage...
Jack Rozema
Cash Out Refinance Scenario
I want to see if anyone has an opinion on what I should do. Quick background:Bought our house May 2020 for $185k, 6 bed 2 bath, near Kansas State. Put about $12-15k into it. Remodeled kitchen, both bathrooms, painted ...
Joe Gilroy
Need advice about buying a Multi family
Need advice please
My Goal
I want to buy a multi family property where I can live in one of the units and I will manage the other unit or units. My goal is to have the rental income be enough to cover the PITI an...
Jane S.
Would you rent to an applicant who didnt file tax returns
This woman can't substantiate her earnings, since she didnt file tax returns in 2017 or 2018. Dont know if she ever did. She uses 2 last names, and her kids have a 3rd last name. No child support or alimony. She says...
Gabriella Borukhov
Getting cold feet... please help run my numbers
I finally decided to invest in a fix and flip. Everything was making sense until I had a bunch of people around me tell me it's a huge risk. Now I'm so scared because I don't want to lose money and have a bad experien...
John Thedford
Dear FL Tenant: I Intend To Impose A Claim On Your Security Depos
First: security deposits do NOT belong to the landlord. They are exactly as stated: security deposit.They MUST be housed in a FL financial institution per FL statute. They cannot be co-mingled.Now, your tenant left "d...
Norman Perkins
Hard Money Loans with down payment requirement?
I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
Christian Lincoln
Litigious Tenant
A kid moved into my 6 bedroom house. After he moved in he tells me he has asthma and the other kids smoke in the house. I write a tough email to other tenants defending this kid and telling them no smoking AT ALL in h...