Account Closed
San Francisco Blues - is the SFAA advice service worthwhile?
I own a single-family house and have roommates. Unfortunately, they're giving me the San Francisco landlord-tenant blues. Does anyone know whether the SFAA's advice service is worth the $400/year? Is there another adv...
Josh R.
Concerns about corporate lease for a single family home rental?
We've received a corporate lease application to rent our single family rental home in the Bay Area in California. The applicant is a startup that wants to house a few employees. They've offered to pay six months up fr...
David Krulac
Law Center Calls Seller-Financed Home Sales ‘Toxic Transactions
http://www.nytimes.com/2016/07/14/business/dealbook/law-center-calls-seller-financed-home-sales-toxic-transactions.html?_r=0
Raymond Wayne Effner
from renter to owner
I am in what seems like a unusual situation. I currently rent the house I live in and have never owned any property. My current Land lord is interested in selling me the house for what he owes on the loan is there a w...
Justin Carter
Seller Financing Refi
Hi All, I am a RE investor who primarily invest in the Akron, OH area. I am currently in the process of closing on a seller financing deal for $707k across 14 SFR and 2 duplexes making $130k gross a year in rent. The ...
Kevin Carrington
1031 exchange on an inherited property
Hey BP, My wife and I have inherited a property that is split three ways with other family members. We have considered renting it, but it is a condo and the HOA will not allow any more rentals. If we sell the property...
Jo Cole
Proper Business Structure for 3 Owners of a Multifamily Building
Hi,My 2 partners and I currently own a 5 unit building in Hudson County, NJ. I'm in the process of refinancing the property and I'm being told that now is the time to change the structure of the business from direct ...
Patrick Philip
How should I handle tenant leaving "junk" behind?
A tenant left two days ago. He left a bunch of junk by the side of the road. I will have to pay someone to haul it away and take that out of his deposit. However, he also left some stuff by the trailer he used to rent...
Dovid Staples
Broker Gets a Loan for You?
Hi BP,I was trying to determine ownership of a property. The DOT and the LLC address pointed to a brokerage firm (and one of their brokers signed the loan). I called the person who signed the DOT at the brokerage and ...
Ray Burrola
Taking over an existing mortgage,,
Hello BP members. I am taking over a mortgage from a family member. She has already paid 12 years of the 30 year loan. I chose NOT to do an assumption because I don't want the mortgage to affect my credit and debt to ...