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14 July 2024 | 6 replies
They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.
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13 July 2024 | 22 replies
But then it was a nightmare of communication, we soon realized that we had to do a bunch of songs and dances to convince them to sponsor our deal, it took 4 or 5 days for them to make time to sit down with us only to tell us that we needed to schedule another meeting in another 4 or 5 days to get Tyler on the phone and let us try and convince them to sponsor us and by that time someone else was awarded the deal and we lost out.
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13 July 2024 | 9 replies
The concerned neighbor requested us to do something to put an end to the endless stream of unsavory people coming and going from that rental, with the main tenant in the middle of all of it.
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12 July 2024 | 5 replies
I currently have QuickBooks, but I'm not sure if it is possible to incorporate maintenance requests/ticketing, late payment notices, and other landlord specific tools.
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12 July 2024 | 9 replies
She has already paid rent and the security deposit but is requesting to terminate the lease after 8 days because her mother passed away.
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14 July 2024 | 26 replies
I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate.
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14 July 2024 | 26 replies
Some of these people paid $30-50k for his "high-end" courses. . after which he basically dodged their requests/calls/emails for what they were promised.
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12 July 2024 | 3 replies
Yes you should get a statement from the bank, you can always request it as well!
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15 July 2024 | 65 replies
Furthermore, should any tenant request that mold be tested by a laboratory or a mold “remediation specialist,” costs of such tests will be completely borne by the tenants.
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12 July 2024 | 10 replies
If you are looking to scale, find yourself an online platform that you can grow into that has payment options, maintenance request, tenant screening, etc...