11 September 2018 | 6 replies
You might consider engaging an attorney to draft a "Mutual Agreement to Terminate Lease" or something to that effect that is valid in your state.A simple 1-2 page agreement outlining that 1) she has surrendered or abandoned the premises, 2) you have her permission to dispose of her personal property, 3) and you have her permission to liquidate her deposit for past due rent, can save you tons of potential legal headaches down the road, and would likely be far less expensive and time consuming than an eviction.Forget trying to collect on the remaining months of the existing lease.
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7 January 2019 | 23 replies
So basically, 247.97 for spraying weeds; even though this has never been done or requested before.
11 September 2018 | 1 reply
I am looking to buy my first property and thought this would be the best way to catapult me into real estate investing.Home is worth 780K and I would 380K.The thought was to get liquid and leverage the money to purchase a duplex/triplex and have some leftover for maintenance and unknowns.I was told selling my home to my corporation might be the best way to get all my monies in my home for that first step in real estate investing.Looking for comments and suggestions or anyone else in the same situation and how you moved forward.
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11 September 2018 | 9 replies
I used limeaway which helped a little but ended up spray painting the metal part of the fireplace and replacing the tile.
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29 October 2018 | 14 replies
Then, I'll have the bug guy come out and spray (I think I'll include this in my next lease, just for an excuse to go in and inspect).
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11 September 2018 | 1 reply
If personal guarantee you also want to see financials to see their personal liquidity and net worth.
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18 November 2019 | 17 replies
Thereafter, buyer makes payments to seller as set forth in the promissory note.Here's why I think the foregoing rarely happens in residential deals: (A) It requires a seller who either owns the property outright, has a very small balance on their mortgage, or has a substantial amount of other liquid assets such that they could have already paid off the property.
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12 September 2018 | 1 reply
@Anthony Petrarca The bank will want to look at both the liquidity, as well as reserves in escrow for the property.
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20 March 2019 | 16 replies
However, it made my partner @Rico Nasol and I take a deeper look at our own personal liquidity and analyze the way we were thinking about approaching our first deals.
12 September 2018 | 4 replies
Is it common to refinance regularly to pull out as much liquid or possible?