It used to be that you could take over seller’s payments as part of selling/purchasing strategy. Then the practice was banned. What is the status of the practice now?Can wholesalers, cash purchasers purchase properti...
I have been driving for dollars in my neighborhood for a few days now to build up my list.
How many of you go through the list to try to find low equity and high Equity homes? And, how important is it to you? I know ...
Hey guys, I have recently received an offer from Syndication of 12 units townhomes. Question is when deal is divided between limited partners($ investors) and General partners (realtor + mgmt company with not single $...
I have good/excellent credit and just had a small collections under $100 show up on my report. The rep at the collections agency said they do not remove paid debts from the credit report, but I know this is often done...
Hi everyone,
I am about to pick up a triplex and am about to close... The seller who is not well organized said they usually collect rents on the 5th (usually).. i close on the third of this month and had some que...
Looking for information on best practices for landlords and property management
I was wondering what everyone else is doing to protect their rental units from damages by tenants.I typically collect 1 month as security deposit and require tenants to carry rental insurance policy( which most don't ...
I regularly teach courses at the RPOA and find that there are a few laws that many Michigan landlords miss in their management practices. Here are the top 10 I observe: Not following Federally and State mandated lead...
Hi All,
I own a few single family houses but am interested in purchasing a commercial property without beds eg retail, warehouse, flexspace. What are some ways to find leads besdies relying on brokers? I am looking f...
I got a hard money loan from a well known lender in my area.He says i need 12000 down i said ok. 3 days before closing he adds another 7500 for his fees. The lady who works for him could not believe it. I got the loan...