For obvious reasons the qualification requirements for a mortgage restructuring are quite different than those for a first time home buyer. The homeowner’s attempt to restructure usually indicates some current, or recent, financial duress on the homeowner’s part, who in all likelihood is trying to save the home and stop foreclosure. Understandably a lender will [...]

The Property Management Contract – Taking it Apart
The manager will be taking on significant responsibilities with the owner’s real estate. It is important to look at the contract and at a minimum it must
1. Name all parties to the contract
2. The legal property address
3. Define the responsibilities of the manager and the owner
4. Enumerate all [...]

Who knew apartments required good credit before giving you a lease? Many unsuspecting bad-credit-applicants have realized this fact the hard way. I know I did.
Why do apartments do credit checks anyway?
Turns out apartments view a lease as a loan. If you’re seeking a 12-month lease on an apartment that’s $800 a month, you’re essentially taking [...]

I have a broken lease!
The vast majority of apartments will not work with you if you owe another rental property money or break a rental lease. The properties that will work with you have different qualifying criteria. Almost without exception the property will want to know you have re-established your rental history. A few of [...]

This article discusses an age old question and one I get asked a lot, should I buy gas or diesel? This question has fueled many a heated debates too. Sometimes this question involves a truck that will be used to tow a trailer, and other times it involves what type of motorhome to purchase. A [...]