Ron Ramsden
View from a contractor and investor
After talking to many investors, homeowners and flippers as well as customers that I have serviced over the years I wanted to share a view from a contractor on some of the issues I have heard that were concerns.First ...
Elizabeth Colegrove
Landlord Breaking a Lease
Interesting situation:
A Military Couple I know of, is suddenly moving back to San Diego. They own a house and currently have tenants. The tenants are unwilling to vacate early.
Does anyone know of a l...
Dan Perrott
Social security - how do I verify the SS monthly income amount?
I have a pair of tenants applying to lease a property that are on social security. They have shown and given copies of letters that show the monthly benefit amounts. They seem real but I am not sure. All benefits a...
CJ C.
How to check a homeowner’s rental history?
Hi All - Just got an application from my leasing agent on a house. This family has a small (think 800 sq ft) paid off house in the same city and is looking to rent my SFM which is 1400 sq ft. They’ve lived in their c...
Joshua Davies
Commercial Lending Question
Hi All,I have a question regarding commercial lending as I was recently denied a loan for my second investment property. In summary, I am working with a small bank (out of state) and the same bank holds the note on my...
Frank Segarra
Question about Tenant Screening
We have a rental property in southern Westchester. We are using a real estate agent to find new tenants for our house and paying them 1 months commission to represent us. They are recommending tenants who are us cit...
Ismael Ayala Jr.
Lease to purchase option structure
We're looking to convert our current home into a rental with the option to purchase.
Would anyone happen to have any thoughts, tips, recommendations on structuring a lease option? I've heard of a seller acknowledgeme...
Calvin Lin
Holdover tenant from last owner, not paying any longer
Hi,I purchased a 3BR condo in Raleigh, NC closing on 9/25/2015. There are 3 tenants in the condo and one of them mentioned to the last owner that he was leaving by end of Sept. During closing the former owner asked ...
Dan S.
New landlord/applicant questions, etc.
I have a property that I recently rehabbed and I have on the market. I had it listed for a couple months and brought the price down due to no applicants (but I had had lookers). My post said no dogs, cats only. More ...
Willie Webb
Having problems finding funding for a courthouse auction
Hello BP community! Hope everyone is having a wonderful weekend. As I stated in the subject, I am having problems coming up with funding for a courthouse auction. I found an AMAZING deal that will be coming up for auc...