Daniel E.
Borrower Fighting Foreclosure: Part 2 - Mediation Request
Borrower has now requested mediation. What should I expect with this?We have long been proponents of renegotiating the mortgage. But the delinquent property taxes are too high.Borrower's take-home pay is ~ $1,500 - $2...
Lisa Casey
Entitled Tenants from hell....but my mistake for being "nice"
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
Emery Jensen
What to charge STR arbitrageurs?
I’m looking at some options to bring in more rental income for some clients while reducing some risk. What are some typical rates one would charge an arbitrageur looking to rent a space out for AirBnb. Let’s say for e...
Timothy W.
What if there is no housing "recovery"?
One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...
Prashant P.
General Contractor Walk Through Fee
I am looking to buy a house in a new area to fix up and flip.
Before making my bid on the house, I was trying to find a General Contractor to walk through the house with me and give me an estimate for repairs.
I als...
Michael Seutin
how many of you hold your rental properties in your name?
After holding a few properties in my name, I decided to start an LLC for asset protection as it is recommended everywhere, so my latest property is held in that LLC.
I find it so unconvenient to have an LLC, insurers ...
Corey M.
Landlord rights in regards to Military lease early termination
I purchased my 1st investment property from REI Nation last year and a major selling point to me was that the average tenant staying for ~5.5 years. This morning, after ~1.5 years, I was informed my tenant is termina...
Kyle Reynolds
Vegas SFR primary - Ever acceptable to Lose?
Hello BP, There is a 3/2 SFR in Las Vegas with a wonderful location to parks, schools, shopping, etc and I'm considering purchasing for my primary residence. The home is $10k undervalued for the area. It is a small fi...
Benjamin Sulka
Paying a Contractor Before the Work is Done
BP, Recently, a friend of mine was having his flooring replaced and he paid the contractor IN FULL before any work was done. The contractor now won't get back to him and hasn't shown up for work two days in a row. I w...
Jen W.
Renting to folks with pitbulls
This is me and my husbands first out to market rental, potential tenant inquires if we allow pit bulls. We have another tenant that we inherited at purchase of property that has a pit bull and poodle. Property is a ...