Michael Germinario
Security Deposit - What would you do?
14 May 2015 | 15 replies
They may continue to call if you don't answer but will eventually tire of the exercise or will decide to leave a message.
Keith Belzner
Tenant / Buyer does not exercise option, now what?
13 May 2015 | 11 replies
Hi BP, Searching around but have not been able to find an answer to this question:For example I get property from seller with a L/O and then sell the option to tenant/buyer for my fee then get out of the picture. Aft...
Scott Titus
sub2 rental?
13 January 2017 | 13 replies
The due on sale clause can not be exercised by the lender as long as title is transferred to a land trust where the borrower remains a beneficiary.
Tony Hernandez
Working backwards from Cash Flow & ROI to Purchase price
15 May 2015 | 8 replies
This is a great exercise as it gets you thinking about all the types of expenses (ie. will there be a prop. manager, what will you allocate for repairs and maintenance, cap ex, utilities, etc.
Sam Dal
Suiing the seller
23 May 2015 | 7 replies
Also, instead of a full lawsuit to force her to sell, can I simply place a lien on her house to simply recover for my costs with the appraisal & attorney feesThxIf the cost of removal of violations required to be removed by the Seller pursuant to the printed provisions of this Contract of Sale shall be in excess of five hundred ($500 00) dolls, the Seller is hereby granted the option to withdraw from this Contract of Sale, in which event the Seller shall refund to the Purchaser the monies paid on execution hereof, together with the net cost of exaination of title and any survey actually incurred by the Purchaser, not exceeding rates usually charged by any major title company where no policy is issued and where title shall fail to close; whereupon this Contract of Sale shall become null and void without any further liability on either pary to the other unless the Purchaser shall agree to take title subject to said violations and assume the performance thereof and receive an abatement in reduction of the purchase price in the sum of five hundred ($50000) dollars The options herein granted shall be exercised by notice in riting by certified mail, return receipt requested
Julian Buick
Why would someone sell a "perfectly good" seasoned performing note for 60-65 cents on the dollar?
25 May 2015 | 52 replies
I find it to be an exercise in "who cares".
John Nachtigall
Do you want to play a game?
19 March 2017 | 3 replies
I thought it might be a fun exercise to put it out to the community, what would you do to this property.
Mark Jones
Escrow a lease option fee?
10 February 2019 | 7 replies
And if the funds are held in escrow, then there could be a request or debate later by the tenant to have the funds returned if they failed to exercise the option.On the flip side, you may want to record a memorandum of option and service your option payment to the seller through escrow to cloud the title and make it possibly more professional and binding if you have a large option fee at stake that you've paid the seller and if it gives the seller some peace of mind... but not Necessary...
Jeff Hozias
Interested in approaching a successful local real estate investor
19 April 2021 | 5 replies
Get up early to read, value exercise, and be willing to pour yourself into your real estate adventure.
Graham Nash
Lease with the option to purchae
20 March 2017 | 3 replies
Decide who will be responsible for general maintenance (lawn care, appliance repair...).Also consider a 6%-8% maintenance add on each year to the final purchase price if the person decides to exercise the option.