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25 September 2024 | 11 replies
The security deposit was about 1.5x monthly rent..... the PM attempted to collect the final rent payment but was unsuccessful.....Now according to the property management company they need to technically apply the security deposit to the rent (according to them is part of some sort of fair housing law or something etc.) vs applying it to the damage caused by the tenant.
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24 September 2024 | 16 replies
The easiest way that I have found over the years is to simply ask other investors, specifically in your local market.
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26 September 2024 | 17 replies
You typically do not bring your broker unless they bring you the deal, and if they do that sometimes you may have to comp them When you put in your offer, you simply state the offer is based on financials provided.
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23 September 2024 | 8 replies
The company that serves and blessed me over and over again is what you would call a Tax Advisor, not simply a CPA or tax preparer.
20 September 2024 | 6 replies
My opinion for what it's worth, Account Closed, is that it's much harder to find a deal now and make the numbers work.I believe there is more "investors" or at least people attempting to invest than ever before - combine that with our current situation of higher than what "most of us" are used to and low inventory = 10X harder to find good deals - in my opinion.Wholesaling being easy is a myth...I know so many people here in Chicago who talk about it, but the number of people doing it at any scale for a length of time is nearly zero....the one guy I know who's been at it longer than most here in Chicago is @Zach Shepard and he's a silent snipper!
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24 September 2024 | 8 replies
Unfortunately having title issues is one of the reasons that sellers are sometimes willing to do seller financing simply because they know mortgage companies won't approve without proper title work and title insurance so they have to be more creative in the ways they sell but that can be risky for you as a buyer.If you do seller finance I recommend having very specific terms on HOW payments will be made and accepted and using a professional service like https://www.agecroftcapital.com/ for loan management in the case of any disputes - just my personal rec, not sponsored by BP though I do work for BP :)
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18 September 2024 | 0 replies
The Nordstrom family is making a renewed effort to take their iconic department store chain private, marking their second attempt since 2017.
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23 September 2024 | 13 replies
@Maria Murphy yes correct, simply paying the debt in the owner's name to hacienda (tax office)/government first as part of the purchase at the notary and everything left to the seller.Valencia has worked quite well for us the last years and compared to Barcelona/Madrid the m2 prices are a lot lower.
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23 September 2024 | 5 replies
After 5 years and very little progress on the ADU valuations I suspect the ADUs simply do not have a value equal to the small unit, small count cost and never will.
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22 September 2024 | 3 replies
OWNER will attempt torepair the problem as soon as possible upon notice by the TENANT.