All Forum Posts by: Dustin Cornell

@Chris K. would it matter to me if I’m the borrower?

Thanks Chris!

Hello BiggerPockets family. Does anyone have a copy of a Mortgage Note? Preferably from Pennsylvania. 

My father inherited a house last May. He wants to transfer the deed to me. I spoke to the attorney today. She said since it was done two months ago, we’d have to pay the transfer tax to transfer the deed again if it’s less than 1 years time.

Do I have any other options?

@Carleen L. I do have a clause in the lease about guests. It allows for overnight guests but extended stays must be approved by landlord. I think extended is defined as anything more than 3 consecutive days. She visits often, but it’s only for a day or two at a time.

The tenant has been here 5 years now. Always pays on time. Not late even once. Plus he’s my eagle eye. Anytime there’s something wrong, he lets me know. Also does a lot of upkeep on the property and doesn’t ask for anything in return. Hes definitely one I try to keep happy. 

@Ray Harrell I should definitely give them an exact location and time frame in writing then? 

@Ned J. she doesn’t live around here, she also happens to be a property manager, she just stays a few times a month

@Matthew Paul absolutely no dumping anything on the property! Especially sewage!

@Mike McCarthy I’m not even sure I’d be ok with anything longer than a week, two max.

@Dennis M. I agree with you completely about good tenants. Awesome, I haven’t met anyone on here that’s local tome yet. Maybe exchange contact info?

A tenant of mine has an out-of-town “friend” that regularly visits him. Earlier this week, they (tenant and friend) told me that her parents would be in the area for a few days. They then asked if it would be ok for them to park their camper on the property while they visit. I told them I needed a few days to think about it. I really could care less. However, before saying yes, I wanted to seek advice from the BiggerPockets community.

Are there any legal issues you could see arising from this?

A tenant of mine has an out-of-town “friend” that regularly visits him. Earlier this week, they (tenant and friend) told me that her parents would be in the area for a few days. They then asked if it would be ok for them to park their camper on the property while they visit. I told them I needed a few days to think about it. I really could care less. However, before saying yes, I wanted to seek advice from the BiggerPockets community. Are there any legal issues you could see arising from this?

A tenant of mine has an out-of-town “friend” that regularly visits him. Earlier this week, they (tenant and friend) told me that her parents would be in the area for a few days. They then asked if it would be ok for them to park their camper on the property while they visit. I told them I needed a few days to think about it. I really could care less. However, before saying yes, I wanted to seek advice from the BiggerPockets community. Are there any legal issues you could see arising from this?

I just wanted to let you know I completed my first deal. 5k im my pocket! Thanks for your help Joaquin!