All Forum Posts by: Eliott G.

Does anyone have an experience as to the process if someone is injured on your rental property. Let's say it was an acquaintance of the renter, not the renter themselves.

Any and all information is appreciated.

thanks

I am waiting to see the appraisal info!
The whole thing could be true, BUT, there are an awful lot of holes in this piece of cheese.

Jon hit the nail on the head...though mine would be:
1, 3, 2

with 2 being the continous repair from dealing with crappy repair/rehab work or repairs getting done with a purposeful problem left behind so there would be a second or third service call...

I beleive the definition of wealthy to be similar to J's.
If you stop "working" today, how long before you would run out of money. As J pointed out, those with ongoing income streams that are greater than their expenses will never run out of money. That is my goal...when can I retire, see my asset base continue to grow and never run out of money. I am pretty sure that Bill Gates and Warren Buffett are "wealthy. I am also pretty sure...I am not YET wealthy! :cry:

AHhahahahahahahaha! LMAO!
Possibly the greatest post ever!

If I play the shell game with J Scott's hundred dollar bill....I can assure you his odds are a lot worse than 33% or 50% or 66%~ ;)

Within the last few months someone posted an article about a letter they would post to try to get a deadbeat tenant to vacate their property. I have searched and searched this site but can't find it.

The basics of the letter stated they delinquent tenant had ~5 days to move out and take all trash and personal items with them. The should also clean the property. If this was done, they would forgive any/all past rents and not file eviction and debt collection. If the tenant did not move out and clean the place, they would file eviction, process to the fullest extent of the law and try to ruin the tenants credit.

Does anyone have this letter or a link to it. I wantedt o review it and write my own.

Thanks

What if the shoe is on the other foot?

The contract is agreed to, signed and delivered and the earnest money goes to the title company for holding.

The buyer does not like the financing that we would get from a commercial lender and the residential appraisal of the property(2 side by side quads) was a joke, about half of the agreed upon selling price.

What recourse would the seller have at receiving the earnest money if the buyer backs out?

Check out Canaan Valley & Seneca Rocks area in West Virginia. was there in 2001...nice area.

Personally...based on a small amount of research the 2004/2005 high prices will not be seen again until 2022 or so...obviously this depends on what area of the country you are in. Some will be a little sooner 2018-2020 others not until 2026-2028! Yes people it may be that long!