Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
(His profit is in the entry fee) He owes 3 months missed payments and I offered to catch up the arrears, bring the loan current, and take ownership.I myself own and operate 13 units since 2017, and I’d say I’m a good operator.Anyways, the issue is that now the bank/owner has been notified of non payment, and while the seller is telling me everything’s fine between him and the person on the note and all, I know that the bank has eyes on this account now.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
This prevents evictions for non-payment of rent or a lawsuit for collection of unpaid rent for an indefinite, unspecified period.
Vinny Muli
Tapping into equity on my property that is under an LLC
3 January 2025 | 19 replies
Payments stay lower, cashflow better and it'll boost your balance sheet not to mention lower risk when things go awry.
Laura S.
Advice for 1st time landlord evaluating applicant
6 January 2025 | 5 replies
I weigh more on making 3x rent and having great rental history of on time payments with no evictions, no lease violations or violent criminal history.
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
Those non-cash expenses definitely helped us out during tax season.2.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
I texted her the rent amount on Tuesday afternoon (per her request) & the various ways to pay it - she said she would "get with me on the payment".
Waruna Yapa
Who has the best rates and how to shop for them?
8 January 2025 | 14 replies
Those willing to go beyond that could be good partners for real estate investors.Traditional banks/Local Banks and non-bank lenders - If they are a portfolio lender, meaning they actually hold on to the loan and don't just collect your payment, then they have the ability to be flexible.
Philip Ganz
How does a Deferred Sales Trust work?
2 January 2025 | 12 replies
Trust invests the cash to make the payments on the installment sale to the seller.
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
“Passing Good Cause is not only a step toward tackling these systemic issues—it is the vital foundation to any meaningful action.”In a free market economy, how will those providing housing react to a law that forces them to house non-paying tenants for free?
Chungying Chu
How to get an umbrella policy as non-resident
4 January 2025 | 8 replies
I have landlord policies for my rental properties in TX and AL states, but I am not able to get an umbrella policy form my current insurance company, because I do not have car insurance and primary residence in US, as...