Investment Info:Other private money loan investment in Randalia.

Is intentionally inflating a payoff a form of fraud - not an attorney but we do private lending and if you misrepresent the loan amount intentionally yes its fraud.

I recently started working in the private hard money area of Real Estate.Currently I work with a hard money lender based out of LA and we focus on mortgages, commercial, and anything business purpose related.

Remedy after termination.If the rental agreement is terminated, the landlord may have a claim for possession and for rent and a separate claim for actual damages for breach of the rental agreement, reasonable attorney fees as provided in § 55.1-1245, and the cost of service of any notice under § 55.1-1245 or 55.1-1415 or process by a sheriff or private process server, which cost shall not exceed the amount authorized by § 55.1-1247, and such claims may be enforced, without limitation, by initiating an action for unlawful entry or detainer.

With over 15 years in the industry, I’ve had the opportunity to work on a range of projects, from residential redevelopments to mixed-use acquisitions across Texas.Today, I noticed some news about the ongoing expansion of Tesla’s gigafactory (https://www.bizjournals.com/austin/news/2024/10/28/tesla-gig...) here in Austin—an impressive 10 million square feet!

I used a private lender. 

I sent him a text and email letting him know that if I do not hear from him by 10/31 that I would issue a 3 day notice to pay or vacate.

In Florida, you would serve them a 3-day notice, and usually, the lease has a provision in it where you can charge them double rent or something similar for a holdover tenant.

While reading these discussions, notice whether people who share their opinions are qualified to do so.

You could give notice of non-renewal to one or more of the tenants, renovate those units, and then incrementally increase the rent of the other tenants.