Hello - I have come across a seller who likely is probably about break-even in their mortgage due to non-payment for three years. The lender has still not foreclosed. The seller is willing to give me the deed for penn...
So I'm trying to get my next deal started and will be using creative finance to fund the deal. My primary residency has close to $200k in equity so I plan to use it in either a HELOC or cash out-refi to complete a BRR...
I have a tenant who’s lease is going expire on May 31st. They are a family of husband , wife and brother in law. I wanted to renew or keep them month to month but needed to clarify few points to them for harmony of th...
Hello,I am looking at a commercial property that has septic issues. The septic is located on the neighboring property which is also for sale. The county is in the process of bringing a sewer line to both properties in...
I'll try to keep this as short as possible. My wife and I bought a foreclosure in Florida recently, while we were going through the process of closing a neighbor that lived down the street put a lien on the house we ...
Hi all,I recently purchased a four unit property in Los Angeles (Boyle Heights neighborhood, under RSO) to house hack. I inherited tenants in two of the units, one of which has been a significant source of stress and ...
One of my tenants has been consistently paying late the last few months. It started back in September when she said she was in the hospital, so I let it slide then she said she was getting “help” which ended up being ...
My new tenants unit flooded 2 days after signing the lease. It was caused by a clogged AC drain line. This has required removing carpet from 1 of 2 bedrooms, and will require replacing laminate flooring in a large par...
So I have my first tenant who hasn't paid her rent for the month yet. She is over two weeks late. Unfortunately, our contract doesn't say anything about evictions and it only says I can charge her a $20 late fee, bu...
What is the largest security deposit you have ever charged prior to move in? Why did you charge this amount?