Before my tenants re-signed a year lease earlier this year, they wanted to sign an even longer lease that would end in late October next year. But, that's such a bad time to find a new tenant when a year lease would ...
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....
For anyone looking to buy their first piece of real estate, STOP (unless it is a four-plex with an FHA loan). I did this 2 years ago and it was the best financial move I have ever made. If you start buying other prope...
I have been watching some podcasts concerning impending implementation of Dodd Frank law as it pertains to Lease Optioning. I am very concerned as to how to proceed Renting to Own for my homes in a way that is aafe. A...
I have been told all my life in saving into my 401k that you need to save the maximum that you can. So for many, many years I have been saving the absolute maximum allowed by the government every year into the company...
Savvy real estate investors often like to buy properties that have problems, which can help us snag a great deal. However... not all problems are good. What are some examples of "problem properties" you would never w...
I sometimes have to give tenants, what I call an "attitude adjustment".Below is an email that I sent to a tenant. In her email, she talked about invoicing me for when she had to talk to the utility company. I sent t...
Hello All - I spent the day door knocking on pre-forclosures and thought I'd share my results. I knocked on 12 doors, talked to 4 owners + 1 Facebook lead. Drove about 110 miles and actually had quite a bit of fun. I ...
How would you handle a type of Tenant that keeps your property nice and clean, treats the Landlord with all deserved respect, but is always behind on Rent?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...