Scott Schuhwerk
Mobile Home Investing - Selling on payments
I have been reading a bit about this , picked up a book by Lonnie that I need to read, however my big question for the group is if living in the Sacramento area makes this type of investing difficult due to the pri...
Mike Johnson
Parking issue part 2
Hello to all. About a year ago , I got a letter from my association that stated one of my parking stalls were deemed illegal by the city. I understand why since its blocking a walkway and fire hose station. I shou...
Fred Lutes
Question about emotional support animal with existing tenants
Our tenants have been renting our house (single family-3 bdrm, 2 bath, 2 car garage) for about the past 18 months. We rent it at slightly below the market (we are renting it at $1450 per month and the market is $1500-...
Curt Dumonceaux
Lease Back?
If I were to get an acceptance letter from the lender for a short sale transaction and I closed on the property and in turn leased the property back to the person who was getting foreclosed on.
The question is, will...
Jay Scott
Eviction - you cant make this stuff up
You cant make this stuff up…In July, an applicant contacted me about renting an upscale home I own in NY. 720 credit and no evictions, he paid the realtor with a check and made the deposit and first months rent throu...
Fay Chen
I bought a lemon. How do I get some of the money back?
I bought a duplex in TX late last year site unseen. As an out-of-state investors, I got hit by one of the unknown unknowns. It turned out the house didn't have proper drainage so all the water in the neighborhood drai...
Nolan Connor
Seller disclosure fraud
This past Friday I closed on my first rental property. After all documents were signed the seller told me to not flush toilet paper down the toilet bc it backs up and she doesn’t want what happened to her to happen to...
Collin Hays
Beware of "land for sale" scams
A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
Sam Schlacter
My "unique" applicants! Would you rent them?
So as some of you who may have seen my posts would know..its about a month since I bought my first rental property. The property is awesome, in a great area. Even though I couldn't rent it out in my first month I am a...
Nick B.
COVID-19 IRA withdrawal
Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...