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10 September 2024 | 28 replies
I would become owner of record after Deed has been filed (4-6 months from what I've seen), but also understand that PA has issues in terms of the length of statute of limitations for adverse possession, and insurability of the Deed.
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9 September 2024 | 4 replies
The tenant has not met the requirements of withholding rent.If the tenant claims they have moved out, ask them to state that in writing (email or text is sufficient) so you can enter, remove their belongings, and take possession.
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7 September 2024 | 3 replies
Have you gained possession of the house?
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9 September 2024 | 23 replies
Every time I enter into an agreement to purchase I have the following: Exclusive irrevocable possession and occupancy shall be delivered to Buyer, Buyer’s Assignees, or Buyer’s Agents at 5:00 PM on the date this agreement is signed by Seller, on the date of Close of Escrow, on ________________, 20______ or no later than ___________ days after Close of Escrow.I have collected my fair share of cash for keys in SS where the lender tries playing God.
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6 September 2024 | 6 replies
A security deposit is for when they have possession of the unit.
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5 September 2024 | 1 reply
Also, note that an eviction is just a civil lawsuit seeking possession of the property and usually also money.https://www.cumberlandcountypa.gov/FAQ.aspx?
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6 September 2024 | 28 replies
My recommendation for this strategy is to minimize the amount of possessions you have so it’s easier to pick up and move frequently.
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5 September 2024 | 13 replies
If the funds come into your direct possession at any point, you'll likely lose the tax deferment.
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4 September 2024 | 10 replies
The more of these assets the sponsor possesses the greater the chance and easier time he’ll have 1.
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2 September 2024 | 13 replies
Also, one of the homes can be raised from $1,850 to $2,300 when new owner takes possession. 3 Family House6750003 3 Bedroom ApartmentsApartment 12,205.00$Apartment 2 HUD2,300.00$Apartment 3 HUD1,850.00$Total Rent Expected6,355.00$76,260.00$ExpensesSchool Tax 23-243,460.68$Town and County 20242,222.30$Insurance3,035.51$Lawn & Plow2,400.00$Repairs and Maintenance Furnaces1,231.20$Total known expenses12,349.69$NOI63,910.31$Cap Rate9.47%