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I am a small landlord with only 2 properties. And less than 2 weeks ago I signed a lease with a new tenant. There are a few red flags that I see quite clearly now but kind of turned a blind eye when I signed the lease...
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I work at a bank and invest heavily in the stock market, but am looking at real estate opportunities to diversify and build another stream of income. Looking forward to the journey!
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A family member is on the deed to the house with her husband. They have two young kids together. He doesn't have a job and has been abusive. She has a full time job and pays nearly all household expenses including ...
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I know closings fall through and while I've never had one, I'm pretty sure one of my sales is going to fall through. We've done everything we can to both be flexible and extend the closing but also demanding updates a...
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Hello BP,
I had a strange encounter with a prospective tenant yesterday. He was from out of state, claimed to have a contract for one year with a local company, was pressuring me to move quickly on completing a lease...
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I know people say not to accept tenants if they have no active income, but this is a medium-term tenant who would stay 3 months and they can pay the entire 3 months upfront. In this case, is it a risk to let them stay...
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Why would the bank not extend my loan? I have been current for the last 10 years and the bank will no longer finance the last five. They are giving me six months to pay it off. Would they really risk forclosing on a p...
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Is the COVID-19 situation any motivation to get people to sell their homes any quicker considering how people have lost their employment due to this virus? It is either that or the motivation is still not there even b...
Hello there,I am new to the forums though I have been an avid listener of the podcast for a while now. I purchased a condo as a buy and hold six months ago. My first tenant's boyfriend appeared almost immediately af...
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Hey everybody, I have a bit of a dilemma I would love some input on. I'm a beginning investor. I actually just closed on my first two unit property. Now that I'm done with this deal I'm looking forward to the next. A...