All Forum Posts by: Daniel Liu

Thanks, Jason.

Do you know any lawyer or company that specializes in this security deposit small claim?

Section 8 inspector usually send report for failed items only. If nothing failed, inspector just told us that it passed.

Yes, I need to do more due-diligent checklist in the future.

Thanks again for your help!

Thanks for your help Kathy,

for the move-in checklist, I give it to tenant when she moved in 6 years ago, but she did not fill it neither returned to me. This tenant is a section 8 tenant, we passed section 8 inspection before she moved in.

Someone told me that California Judge is in favor of the tenant. Judge usually believe that tenant is a victim, and landlord is greedy. How could prepare for this?

thank you very much!

Hi, 

Need your help for a small claim case in California.

A tenant moved out of my rental property recently. There are a lot of damages, property was very dirty. I sent her the move out statement which showing she owes money to us for the necessary repair and cleaning cost. She mailed a certified letter to request 100% deposit refund. We were unable to make a agreement with her. Then she sued me $1200 security deposit plus $2000 punitive damages in California Small Claim court. 

We did not have experience on small claim. Please advise how should we prepare and defend us for this case. 

Thanks in advance for your advice from any experienced landlord.

Daniel

thank you all for your reply.

I drove there, the owner still live in this house now.

Following is the preliminary title report for this house, I am confused by this title report.

Could anyone help to read it? what's the risk from this title report?

thanks a lot for your help!

Daniel liu

----------------------------

Document Number: 526115

Recording Date: 10/26/2016
Title Company: Document Type: Trust Deed/Deed of Trust
Borrower: xxxxx
Borrower Vesting:
Loan Doc #: 0000526115
Lender: OCWEN LN SERVICING
TRANSACTION 1: FINANCE
Loan Amount: $398,297.00
Conventional or Unknown
Loan Term:
Loan Type:
Interest Rate: Fixed

----------------------------------------
Document Number: 487922

Recording Date: 10/6/2016
Title Company: OTHER Document Type: Trustee's Deed Upon Sale
Borrower: FEDERAL HM LN MTG CORP
Borrower Vesting:
Loan Doc #:
Lender:
TRANSACTION 2: FINANCE
Loan Amount:
Conventional or Unknown
Loan Term:
Loan Type:
Interest Rate:
Sale Price:Sale Date:
Sale Type: Sale Price Type:

-------------------------
Recording Date: 7/5/2016
Title Company:
Seller:
Buyer:
Loan Doc #:
TRANSACTION 3: FORECLOSURE
Notice of Trustee Sale

Document Type:
Buyer Vesting:
Lender:
Loan Amount: $340,000.00
Loan Type
Loan Term
Interest Rate:
Sale Price:Sale Date:
Sale Type: Sale Price Type:

--------------------------------
Recording Date: 3/29/2016
Title Company:
Seller:
Buyer:
Loan Doc #:
TRANSACTION 4: FORECLOSURE
Notice of Default

Document Type:
Buyer Vesting:
Lender:
Loan Amount: $340,000.00
Loan Type
Loan Term
Interest Rate:
Sale Price:Sale Date:
Sale Type: Sale Price Type:

----------------------------------
Recording Date: 5/27/2015
Title Company:
Seller:
Buyer:
Loan Doc #:
TRANSACTION 5: FORECLOSURE
Notice of Trustee Sale

Document Type:
Buyer Vesting:
Lender:
Loan Amount: $405,456.00
Loan Type
Loan Term
Interest Rate:

HI,

I am biding on www.realtybid.com, noticed following note:

"Freddie Mac will not guarantee insurable title"

Is it mean that winning bidder may not get insurable title?Is it a potential risk to bidder?

Thanks for your sharing.

Daniel Liu

I am in diamond bar, keep me informed.

thanks

daniel liu

Thanks for your reply, Jon,

Allstate agree to pay all other repair cost except this $4500, AllState told me that they could only pay this $4500 to tenant since AllState believe it is moving cost, and I need tenant's release agreement to release this $4500 to me, but tenant not willing to sign anything. Therefore, everything stuck, and all the repair delayed since I did not receive any repair money from AllState.

I could not find any solution for this case now.

Thanks for your suggestion.

Daniel

Hi, 

My rental condo is on 1st floor, this unit was flooded because of upstair unit water heater leaking. I did not buy insurance for my unit, Upstair unit owner let me to claim to his insurance company-All State. The unit was wet everywhere, tenant has a lot of furniture, contractor needs to move all furnitures to storage before remove the wet carpet. But tenant does not has money to move out, My tenants complained to me that the smell was very bad because of 3 days wet. I contacted All State claim officer, she told me "It is your responsibility to do whatever to prevent any further damages". 

To prevent mold and further damages, I paid $4500 to a contractor to move all the furnitures to storage, and then removed the wet carpet.

After my unit empty, All State told me that they could only pay this $4500 to tenant because furniture is tenant's property. All State asked me to get tenant's approval to release fund to me. But tenant did not want to sign anything to release this fund to me.

I contacted All State and tenant for 2 months, but no any solution.

Any suggestion of solution to solve this issue will be much appreciated.

thanks

daniel

HI, David,

How do you find the motivated sellers? Could you share the details?

thanks

daniel

Hi,

Any feedback to invest with Roger Salam? I am interested to buy some cheap properties from Roger Salam's program.

Please share your any experiences with Roger Salam.

thanks