Steve Hodgdon
How to lose $20k on a Non Performing Ohio Loan
All we ever hear is the good news. Brokers and gurus promoting 25%+ returns. Promises of quick turn arounds. No sweat, no strain.Many times that’s true. I’ve built a portfolio of performing loans that more than pays m...
Nathan Gesner
L.A. Creates New Law, Bans Tenant Harrassment
https://www.latimes.com/califo...Here are some interesting activities that will be banned, along with my comments:Deceiving residents about whether they are required to move out (what is "deceit"? If I tell a tenant t...
Jon A.
Water Damage - Is this considered tenant responsibility?
Hello everyone, I'm looking to get some advice on this situation with a tenant in my property.
I own a condo unit and this tenant has been living there for a few months now. Soon after they moved in, they asked me i...
Austin Lohr
Include partner’s name on title?
My business partner and I are putting in an offer on our first property. I will be supplying the capital for down payment for this first property. The preapproval and loan will be in my name. We plan to transition the...
Gary Dale McKee
Never satisfied tenant, how do i handle this.
I have a tenant who suddenly finds something wrong at or around the time of their monthly payment. This has been the case so far every month of their lease. I have fixed these minor issues within a day of them telli...
Tim W.
Out of state LLC?
I need to form a LLC in order to satisfy my lender requirements. The 12 unit apartment is located in Cleveland, OH. I live in San Diego, CA.
In what state should I setup the LLC? Should I use a real estate attorney o...
Benjamin Cowles
up to how many years can you negotiate to amorize a loan over?
suppose a seller will finance and doesnt want to budge on price or interest, can you just increase the amortization period til the payments get low enough to cash flow? I think Ive heard of 50 years but nothing beyond...
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tenant hiring plumber
my tenant hired a plumber to fix a faucet problem, I have in the lease that the tenant consults me before any work is done on the house. and I have done all the repairs on the house up until now, I also have a $50 ded...
Account Closed
Deed Of Lieu Repercussion (Hard Money)
Hey BP,If I give my property back to my hard money lender in deed of lieu and they take the property back and rehab it, will this affect my credit score and stop me from getting a bank loan in the future? I tried to f...
Luke H.
Pet Removal Notice Template
Hello,Need to notify tenants that they must remove all inside and outside pets from rental property.Does anyone have a Pet Removal Notice letter I can have a look at? I've created one already, but want to see if ther...