All Forum Posts by: Robert Vanecek

You can get away from the 15-20% if you live in it for a while. Owner occupied with an FHA loan at 3.5% is much more doable if you can live in the property. Refinance out of the FHA at a later time to get out of the PMI payments. Good luck!

Thank you for your feedback. You’re all correct. I appreciate the insight. Good perspective from the other side of the fence. 

@John Warren

The realtor was given permission for her to go through the home. But she didn’t state that she was bringing anybody else. So my wife didn’t give notice nor did she receive permission.

Hey all,

I am currently in the middle of a contested divorce. We have a court appointed realtor to sell my rental property that is currently rented out on a month to month lease. The realtor asked to go through the property because my wife asked the condition of the home for selling. The tenants agreed to let the realtor into the home to look at the house. However, the realtor took my wife through and did not notify the tenants that there would be more than one person going through the home. First, is this illegal? Second, is there legal action that the tenants can take against my wife for illegally trespassing on the property?

Odd situation, I know. Thanks in advance for your help.

Rob

@Isaac Lane
Hi Isaac,

Welcome to the forums! Congrats on navigating your way here. This is where I started, after listening to the BP podcast, and I was able to knock out a couple of rehabs in as many years while working full time with a toddler. I’ve definitely learned a lot in the process and I’d be happy to share my experiences with you if you’d like. The buy and holds I own are in Naperville and Aurora. Shoot me a message if you’d like to connect.

Cheers,

Rob 

Chris, thanks for the reply. Informative article. I’ve still seen bandit signs around, although way less than even a year ago, which makes me wonder if those people are wholesaling with a license or not. 

Hi BP community!

My name is Rob and I’m relatively new to RE investing. I’m looking to connect with wholesalers near the Northwestern Illinois Suburbs. I’m currently working out of Naperville/Aurora. Are there any Wholesalers interested in connecting????

Thanks!