Mark Yuschak
Fannie Mae deed restrictions and rekey fees
I'm growing really tired of the Fannie Mae deed restrictions and rekey fees. Is there any way around them?
I made an offer on a FNMA REO and we negotiated back and forth. In each one of my counters I had "no deed...
Lloyd Segal
Economic Update (August 24-28, 2020)
Economic Update (Monday, August 24, 2020)
Its going to take years for our economy to fully heal from th...
Kimberly T.
Can you charge a different application fee for a married couple versus 2 individuals?
I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
...
Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Adah N.
Realtor Refuses to Initiate Purchase
I already know my realtor is not investor friendly... I am using the BRRRR strategy to determine how much to offer on a property. She pretty much told me she does not want to waste her time because “it is still a sell...
Kyle Mitchell
Seller will not provide bank statements in due diligence
Hi everyone,Has anyone come across the seller not providing bank statements during due diligence? Is this a red flag or something that is common? Just looking to see how hard I should be pushing on this issue.Thanks...
Nghi Le
Failed Property Inspection
I just received notice from my realtor that my buyers from my first flip in Burien, Washington (SW Seattle area) pulled out of the contract because it failed inspection.Two reasons:- Roof needs to be completely remove...
Elizabeth Blazina
mold making tenant sick?
Hi BP members, I have a tenant that has called me to report what he believes to be a mold issue that is causing him to be sick. Now I have checked the plumbing and found no issues and I normally am pretty dil...
Andrew Syrios
Kansas City Tenant Bill of Rights
Hello fellow Kansas City investors and property managers (and everyone else for that matter), I think it's important to make you aware of the Kansas City Mayor's Special Committee on Housing Policy which will be holdi...
Annie DiCenzo
Eviction Moratorium in Minnesota
What is the current status of the eviction moratorium in Minnesota? What, if any, protections do landlords have?