Val J.
Help with a Tenant dilemma
I have a dilemma. My tenant called on Sunday and informed that the hot water heater was leaking. I sent someone with an hour an had them to cut off the water to the heater and they also drained the water from the heat...
David Fair
Reverse Mortgage and MIP
We have a seller who has POA for his mother. They have a home with a reverse mortgage and the home is currently upside down. The home has damage from a hail storm in 2012 and they have been involved with a law suit...
Robert Scaife
Need a Realtor Recommendation
Can anyone recommend a good agent for multi-family commercial in North Florida? Looking in G'ville and Jax.Rob
Robert Haworth
Is there a deal here?
48 y.o., seller in Elridge, MD 21075 bought the property for $102K in 1994 and still owes an undetermined amount on it. He said, however, that he is “upside down”, so he must have re-financed once or twice enroute...
Ethan Kramer
Fix and Flip Loan + Cash Out Refinance?
Has anybody used this strategy previously? I will be closing on a second property in a couple of weeks and I will be in a saving mode for about 2 months before I could possibly close on a third property.
I am wonderi...
Bill Bodziak
Need advise on first subject to deal 2-4 unit buildings
Hi everyone. My name is Bill and I am a new pro member. I have my first deal in the works and need advise on how I should structure the deal. I wasn't expecting such a 'fun' time on my first one haha. The deal brings ...
Gerald Cates
Monthly rentals? How much should I raise the rate?
I have a tenant that has been in a lease for one year. he is building a house but is unsure when it will be complete so he wants to go to an month by month lease or possible an 6 month lease. should I raise the rate a...
Ryan Wamsat
Does Realtor Commission = Boot?
I'm considering selling my first rental house. However, after doing some quick math, I've determined that it's going to cost me about $28k to sell the house. Of that, about $17k will go to the realtors. The remaini...
Jeff B.
jack concrete or replace
I'm looking at a property that looks pretty good, but needs a little updating. The biggest issue it has is the concrete driveway is very uneven. The slabs are all in pretty good shape, but are tilted in various dire...
John K.
Seller's financing - pro-rated rents?
Hi,
I am finally finishing the seller's financing contract (I am the buyer) and I have a question about pro-rated rents. The house is currently occupied, and I have read in a few books, that when you actually close i...