Hello all, I am new to land-lording (~2 years) and in San Diego, CA. We don't have a property management company. Last night a tenant got drunk and locked herself out. She scaled the building and broke a glass sliding...
I'm all for gun ownership, I own several myself, but do we have any responsibility to inform authorities of those you are clearly having mental stresses or conditions that could lead to the Batman shooting this mornin...
Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...
Hello BP!
A college friend of mine recently turned me on to the world of real estate investing, and the thought has taken me by storm. I currently live in the MA Cape Cod area and prices are too high for me to invest...
I began looking for a tenant for my new rental property a few days ago and have received a lot of interest. One of the applicants qualifies in every way (clean background check, good credit score, non-smoker, etc) exc...
So I was on Yahoo, and it said that Michael Phelps eats 12,000 calories a day. Now granted, he is 6'4" which makes for a large guy, and I am pretty sure that swimming consumes alot of calories, but come on, 12,000 cal...
Has anyone had to deal with receiving a "Notice of Forfeiture In Rem" letter from the Dept. of Justice for a property they hold a note against? This can happen if the owner of the property is using the property for i...
Anybody have any luck with it? I have a squatter that slid into one of my units as my previous tenant broke lease and left town. Im sure they were friends. They used a fake lease to get utilities set up, changed the l...
I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...
Just saw this story here: http://bit.ly/2d6Px2RThe gist of it is that beginning tomorrow Saturday 9/24/16 lenders will now consider a mortgage applicant's payment history over 30 months to determine their credit worth...