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25 October 2016 | 38 replies
I have a tendency to be too nice and regret it later, too.
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9 February 2018 | 6 replies
As of right now my plan is to sit down with the tenant and discuss the options he has which I see as the following: Option 1: Give him the “Pay or quit form” 3 days notice then proceed to evictionOption 2: pay for month due and move out at end of paid monthOption 3: Pay for month due and continue paying at new rent of 1300Option 4: Cash for keys?
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17 July 2019 | 0 replies
$5000 down after 6 months and we will create a note and mortgage for $66,809 for 414 months.What we are doing is giving credit for the principle reduction amount of the lease payments as if they were note payments, After 6 months, The UPB would be $71,820$71,820 (- )$5000 down payment at signing of note and mortgage (due at end of 6 month lease to own) makes for a note of $66,820 for 414 months at 7.5% ..
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12 January 2018 | 6 replies
Hi,I have a property I am closing on at end of month and another that I suspect to be getting under contract today.
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30 June 2019 | 18 replies
Most are pay at end of term arrangements so there is not much to do in terms of servicing.
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17 May 2017 | 9 replies
I will admit I have a tendency to want to do everything as a one man operation.
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6 April 2018 | 9 replies
I've been having an issue with a tenant (property in Queens, NY) who is constantly late with the rent. The lease expires in April and I do not plan to renew the lease. This is my first time dealing with a problem te...
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30 April 2021 | 25 replies
As far as criminal background checks, I simply state credit score, income, and background requirements, then leave a space at end of application for them to offer explanation for consideration of any exception to standard requirements (ex., explain poor credit score, criminal background, reason they can't provide proper landlord history or income verification, etc.).
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13 September 2017 | 7 replies
Wait until inspection and ask for a everything to be fixed if they give you pushback you can than bring this up and use as leverage....At end of the day if it is a good deal it shouldn't be a deal breaker.
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9 October 2017 | 3 replies
Hi FolksOne of my tenants has a lease ending 11/30/17. He is looking at buying a house and has inquired about whether I would be interested in selling the property. If not, he has another property in mind and was wond...