James Defazio
Can I keep the security deposit in full?
When I bought this house with a mother in law suite I inherited a renter in the little attached unit. Since she was section 8 housing (which was an absolute nightmare to set up) we immediately signed a new lease which...
Jon Malham
Subject to deal - Florida
Hello everyone. I'm currently working on a subject to deal in South Florida. The sellers are very distressed and just want out. They are in the process of loan modification and are already 2 months behind in the...
Patrick Young
Selling a Rental Wait List Spot
Hi All,I am currently on the board of my HOA and have an idea about commoditizing the rental wait list spots. Has anyone heard of any association allowing members to sell their spots on the rental wait list to other m...
Wendy Lacey
Is it a good to buy a property if sellers add a 1031 contingency?
My fiancé and I are looking to buy our first investment property, a duplex under and FHA loan. We recently through out an offer and the seller accepted with a contingency on a 1031. Our real estate agent has advised t...
Rosston Smith
Possible Tenant Eviction
I'll keep this short. Tenant A is a 30 year old teenager. He paid the below market rent 1-2 weeks early every month for the last three months until this month( his year lease is now up) and procrastinated payment unt...
Mike Carroll
Cash-out refi/Home Equity Loan
I recently built a vacation home for short term rental purposes in Bethany Beach, Delaware. I also built an in-law suite for my wife and I so we could house hack the property. After 2 extremely successful seasons, we ...
John C
lender willing to accept a deal before auction
We have done our due diligence (i.e. visit to the site, title search, hiring an attorney etc). on a property going to auction in a couple of months.
However, out the blue, we recently received a call from our attorn...
Tony Colquett
How to structure this deal?
A FSBO was offered to me with owner financing, but the seller does not own the property free and clear. What are some different options for structuring this type of deal? I told him that I would want financing for a...
Colton Phillips
Potential deal behind on taxes
I've spent some time looking at my local market here in Wichita and I've found a 2/1 condo that I believe will Cash flow well and I shouldn't have difficulties keeping it filled. I looked on my county appraisers websi...
Michael Lang
Using a realty management company for your vacation property
The area that I am interested in vacation rentals is not near my home so it's not realistic for me right now to think I would be able to run a rental myself and with my day job, dealing with any issues with the proper...