Landen Ward
Critique my Lease Option example?
Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:
Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...
Lisa Casey
Entitled Tenants from hell....but my mistake for being "nice"
I have a small house on 18 acres. We have rented it out 5 times with no complaints. In the last 4 years we we have totally renovated it adding a sun room, new HVAC, electrical, plumbing, and refinishing floors, ref...
Dion DePaoli
Wrapping a FHA Mortgage
It is almost daily that I see a new question or concern about Wraps and Sub2 here. It got me wondering just how many folks are aware of outcomes of some of those practices really are. It also begs the question, just...
Justin Thind
Inner-City Investing: What am I missing?
Hey everyone! I am about to close on my first single-family rental property soon, just two months after first dipping my toe into real estate research. It's in a regular B-grade type of area, and projects to have dece...
James Sloan
Contractor wants a 50% Deposit
Should I be worried if a contractor wants a 50% deposit (initial payment) on a 15 K interior paneling project? The material cost for this project is very linear over time. The first 100 square feet of paneling costs t...
Sara Taslitt
Collecting Rent Etc.
How do people collect rent? Does anyone use cozy.co?
Mary Young
Holding Interest Deposit still non-refundable if tenant refuse to sign lease?
Accepted an applicant and received a non-refundable Holding Interest Deposit for my rental. I asked if he would consider a two years lease and he said he would after he inspect the maintenance repairs. He did an inter...