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Results (10,000+)
Michael Poloncic Tenant breaking their lease
9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
Jamie Parker First Wholesale deal
6 January 2025 | 0 replies
Understanding what a good deal looks like.
Collin Hays Tips for negotiating your real estate deal
9 January 2025 | 18 replies
Milwaukee is still one of the hottest markets in the US, we see on average offers at 102% of list price, so understanding fair market value is key.And then of course you have the fact that most deals are negotiated by agents.
Griffin Malcolm Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
If I'm understanding correctly this means I can't build an ADU, but if I can divide the land more evenly between the plots then maybe two single families are possible.Exciting stuff!
Gamal Harding Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.
Chris Magistrado Digging Into the Justice Department’s Lawsuit Against Major Landlords
12 January 2025 | 8 replies
It’s not every day that accusations of rent manipulation make headlines, and I wanted to understand how this impacts the millions of Americans struggling with housing costs.
Elizabeth Clervil Please share your experience as a wholesaler in Florida
6 January 2025 | 1 reply
After researching the basics, I am looking forward to understanding the realistic steps in concluding a first deal.
Jason Khoury Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
Use this meeting to gather their perspective on the property and understand their goals before making any offers.Keep It Informal Initially: Avoid jumping straight into specifics about pricing or terms.
Mike Sfera When to get a property manager
16 January 2025 | 26 replies
I would advise you to get pre approved from your lender and make them aware as it will help them understand you are serious!
Kyle Knudsen 1031 Exchange to build ADU on family owned property
7 January 2025 | 3 replies
Best to talk to her and understand your options.