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Hi,I’m trying to get my first rental property but don’t have a w2 that shows substantial income. I’m self employed and I barely even pay myself on paper so I’m wondering how I can actually get my first mortgage. I tri...
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Hello, I want to buy a house that is subject to a petition to partition between several siblings. One of the owners in his late sixties with his family live in a house, and won't move out. If I purchase the house (aft...
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I have a residential tenant who screened very well. Single female with 20+ years same job. 7 years in previous rental home, forced out when the house was sold. She wanted stability and asked for a 5-year lease term. S...
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Our first rental is rent ready ! Yay! So now we are looking so some advice on a particular situation.
We have a potential tenant who would like to sign an 8 month lease so they are free to buy a house come spring whe...
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I recently acquired a 4-unit, and I've come across an issue. I inherited tenants, and I have learned that a tenant living in one of the units is not named on the active lease that was conveyed to me. I tried reaching ...
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Hi BP,I need to replace 3 water heaters in my building and considering wether I should rent or buy new ones. On one side, I could buy and instal new ones ; in terms of cost it's gonna be a 1 time expense and if anythi...
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Hi. A rental property has a manager. The lease says that the landlord can designate the payment location and has designated the manager to receive payments. The tenant doesn't like the manager and drops money off at t...
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Hello,I'm facing a strange situation and looking for any suggestion to work this out. I purchased a property with seller carried the 2nd mortgage. The issue was that I didn't have her contact information (address, ema...
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Pretty much what the subject line says..What elements do I need to pay attention to see if a pre foreclosure property can yield profit. And is realtytrac a good source for pre foreclosures?Basically I want to learn ev...
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We have a gentleman that is coming from Finland to do some medical research for a year and bringing his wife and perhaps family. They are having their trustee send us our security deposit and signing lease upon arriv...