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There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
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Hi All,I am hoping I can get some advice regarding my situation with the general contractor I hired.My husband and I are doing our first flip and we took 3 months vetting general contractors to make sure we end up wit...
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My landlord entered my apartment illegally (did not give me 24 hour notice) and found out that I had broken the lease by having a pet, which is forbidden int he lease. He has now geven me 30 days to move out and I don...
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As investors we are always looking for a good deal as that is how we grow learn and hopefully prosper.I just logged off of the MLS feeling disgusted with myself for feeling like well, a predator. Googling an owner...
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Hi guys,
I got a house under contract that also came with an unhappy tenant. The tenant's wife was living at the house under a L/O contract, which expired 8 months ago. The couple got a divorce, the wife moved out,...
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Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
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Hi everyone,
I had my first eviction case experience and it was quickly dismissed in favor of the tenant. My property manager did everything by the book. The tenant was on a month-to-month lease and we gave her more...
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Hi all! I am currently closing on my first rental deal! It's a 2 acre, 3 mobile home unit property with all three units currently rented. I just found out that one of the current tenants is a registered sex offende...
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Hi all, I'm learning and have not done any deals yet; however, I was chatting with a friend who says that what I'm being taught is illegal in the State of Colorado.Here's one of the approaches, maybe someone can help/...
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9 days ago I got a property under contract. The neighborhood is worse than I thought and people aren’t all that interested. I told this to the seller and we agreed on lowering the price. I was just going to cancel the...