Chris Penny
Is it necessary to refinance in a divorce?
We are getting a divorce and I am keeping the house. My wife asks me to refinance asap to pull her name out of the house, mostly to make it easier for her to buy a house in the future because otherwise lender still co...
Chris Shuptar
Tenant wants break lease with 1.5 years left.
I am in a strange situation. I have a tenant in one of my units and she has signed a 2 year lease. She is about 5 months in and now she is telling me that she "can't afford" the $1500/month rent and she will likely ne...
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Starting a Partnership
So I decided since i have no money and bad credit I would parter up with someone while getting some cash reserves and repairing my credit. My parter has some cash and really good credit. But when we sat down to talk...
Frank Jennings
Couple Screening Requirements
What if you have a couple looking to rent and one of them meets your screening requirements but the other one doesn't? Do they both have to meet all the requirements? And specifically for income, do they?
Steve A.
In-laws broke but have ton of equity they dont want to use
Strange situation.In-laws have a home in Santa Barbara worth about $900K. They have a $300K interest only loan. They can no longer afford the payments.My wife and I recently came into money. I was planning to put t...
Samuel Mutschler
Possible Break In
SFH 2 bed, 2 bath. Tenants are related and both over 18. One tenant claims people are breaking into the house and hitting her at night. I’ve asked for police reports, received nothing, went to the house and found no d...
Mary Jay
Does a business bancruptcy affect personal buying?
Hi guys,I have a good credit and have few properties (couple are in my name and few are in LLC's names)I have always wanted to open my own business but scared that if my business goes south it will prevent my ability ...
Peter Sobotka
Distressed Seller - Advice Requested
I have been talking to an individual as a propsect for my side business during the last two months. While prospecting for the other business we had been talking about a 3 bedroom 2 bathroom lakefront condo that he...
Allie Pfannenstiel
Is selling my home or lease option a better idea?
Hi everyone,First of all, thanks for anyone who shares their advice.My current situation is this, I own a home in Portland, Oregon for the past 4 years. I bought the house at 191,000 and it has appreciated about 10% p...
Kenneth Coleman
Should i rent to Section 8 or not?
Is it better to rent to someone with a section 8 voucher or rent to someone without one? Rent would be the same for both.