Jason K.
Default entire portfolio
2 October 2020 | 0 replies
Looking for an attorney experienced in dealing with note/mortgage contractual violations as well as what constitutes or is leverage to stop a default interest rate, misuse of construction holdback by the servicer, accounting errors and or torturous interference Experienced sponsor/developer long track record , AAA market region, hedge fund capital local servicer.
Sixto Moralez
Make Tenants Pay Water Leak Bill?
24 October 2020 | 13 replies
To me, there's only two reasons you should even consider charging a tenant for a water leak: 1) They intentionally caused the leak through some sort of negligent act or misuse of equipment, or 2) They didn't cause the leak but they noticed a readily apparent leak (and you can prove this) and then failed to notify you of this leak and that failure to notify you allowed the leak to become worse and cause additional damage above/beyond what it would have had they notified you right away and allowed you the opportunity to deal with it immediately.For example, my lease has a clause that states, in part: "Tenant shall immediately notify Landlord, in writing, of any problem, malfunction or damage.
Paul E Romero
Turn Key Horror Stories
28 August 2021 | 5 replies
@Paul E Romero - I’m an out of state investor (“turnkey” is such a misused word) and YES!
Keely Aldinger
Limiting Access to Doors and Security Lights/Cameras
21 September 2021 | 4 replies
A camera would really only be able to corroborate the missing items but would not return them...or potentially give insight as to how/when the space is being misused.
Brandon Lewis
Earnest money deposit
10 February 2020 | 7 replies
Since your new to the industry, let me clarify because various people with mentoring programs to sell will misuse labels so prospective customers may be more willing to part with their $.Wholesaling, as the term is used currently, is a job, just like being a real estate agent.Buy, fix and flip is a business, just like any business that buys raw materials, adds value, and sells it in the marketplace.Neither are real estate investing.
Logan Swanson
Questions about cap rate
9 February 2020 | 3 replies
Read up on it and become familiar as it is easily misused.
Kyle Galloway
Appliances-including with rental?
24 January 2020 | 12 replies
Properly maintained, appliances fail based on one of two situations: intentional negligence (misuse) and unintentional negligence (spill hot oil on a stove). 95% of my appliance problems have been intentional negligence.
Marita Jojo
How is everybody getting rent ?
3 April 2020 | 3 replies
We can’t do evictions for a long foreseeable future now how are you handling it for tenants who are trying to misuse this situation?
Scott Pearson
Question about door locks, who is responsible?
5 March 2020 | 9 replies
@Scott Pearson Tenants are responsible for damages due to misuse, accident, etc.
Greg Cannon
Mortgage written off?
28 February 2020 | 6 replies
Most people don't really understand what that means and misuse it all the time.I'd start with the municipal web site to see who is listed as the owner there.