We have a 70 unit senior building that we have owned for the last 20 years. These are all low income and about 20 have section 8 assistance. Rents are low. I would have to say we have not done a great job managing the...
Hi all,
I'm purchasing my first property (Milwaukee) and asked my mortgage broker (Chemical Bank) about transferring the deed after the loan is secured. He said I can't do that. And that I'll need commercial lendin...
What is your opinion are these large swaths of boarded up homes we see in the mid west upper rust belt ruining these cities or are they an investors dream opportunity to get into the RE game for ridiculously low price...
Ok all, I got the photos back on my Toledo property purchase and my heart sank. I now know for sure my move wasn't gutsy it was stupid with a capital S. What really bites me is that I believe the investor who sold m...
The mortgage on my personal residence was just sold by GMAC to Ocwen. I'm pretty nervous because there's tons of horror stories on the web about Ocwen (saying the payment wasn't sent in when it was, and many other mis...
Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...
First, I'm a newbie and lately I've been stalled due to the ongoing conversation/discussion on whether or not wholesaling is legal. There have been a plethora of opinions and heated discussions surrounding this topic...
I am currently saving up to buy my first property (a househack) while finishing grad school. I have a job lined up in Dallas, which is theoretically great for long term appreciation. However it's also highly competiti...
Situation: My Tenant Stopped Paying and has violated my “ rent to own “ agreement. He is 20 days late, total violation, contract is now void. I have to evict as he said “ I do not have any funds to pay that rent “ - I...