Ryan Cleary
Previous owner was taking money under the table with section 8
I purchased a duplex. The seller provided a phony lease for $1,071.I come to find out that the tenant was section 8, the real lease that section 8 has is for $867.We have now found out that the seller had a promissor...
Rigo Medina
Wholesaling - Why do some Real Estate Agents say it is not legal?
I recently shared the idea of Wholesaling to a Real Estate Agent. (she is new to Real Estate)I regret sharing the idea with her. She pretty much scolded me and said that it is illegal to practice real estate without a...
Marci Stein
REaltor asks for money to view house?
Because I’m 2 -3 hours away I’ve asked a realtor to view some homes I may be interested in . To Let me know if mold or cracked foundation is there . If not - I’ll go see them . He asked for a “small fee” to do this . ...
Elliott Hughes
Wholesale Laws When Selling Out Of State
Hello All,I am more than eager to get started on my RE journey. I am signed up for a pre-license class and will obtain my license by June of this year. However, there is something I am curious about which I have not f...
Kathy Armstrong
Need Advice on a Potential Deal
Hello everyone. I have a lady contact me from my marketing that has a house that is fully paid for. It is empty. She is in another state. She had it listed but it did not sell. She is not desperate and the hou...
Jennifer Hollstein
Renting a 2BR to a Parent with 2 children of different sex
We have a recently divorced applicant wanting to rent a 2bedroom apartment. He has 2 children boy age 9 and girl age 13. He does not have the children full time but he does weekends and other random weeks.I was under ...
Doreen Arminio
two mortgages?
I have been shopping investment properties and found a few good deals in different states. My question is, will I have trouble getting loans for these deals at the same time? I have enough money for both down payme...
Peter Walther
Late fee based on a percentage of the loan balance is void
Honchariw v. FJM Priv. Mortg. Fund, LLC, 2022 WL 4544812 (Cal. Ct. App. Sept. 29, 2022)
I thought I'd post a link to this recent CA decision. While it was decided by a CA court I wouldn't be surprised if the rationa...
James Simeone
New and eager Bostonian
Hey I'm James,
I'm new here to Bigger Pockets and real estate investing. I'm from the Boston Ma area and I currently have my bachelors in architecture with three years in residential (anything from new construction t...
Richard Bader
Turning off Utilities on a rental?
I met a guy today that said he had a couple duplexes and rented them out. He says he keeps the utilities in his name and just charges extra rent to cover for the utilities. He then said if someone is late on their ren...