James Boreno
Do I have to pay Capital Gains?
22 January 2025 | 5 replies
It was written for my colleague who speaks tax language.
Craig Sparling
Exclusive right to rep (A post Burnet et Al world) for Real Estate investors
15 January 2025 | 2 replies
However, he asked me to sign a one-year Exclusive Right to Represent agreement, as presented to him by his brokerage.His interpretation is that it applies only when he materially assists me, but I think the boilerplate brokerage language he was given reads much more broadly:"If during the term of this Agreement Buyer enters into a contract for the purchase of Property through the services or efforts of the Broker or Buyer’s Brokerage Firm, or by or through any other persons during the term of this Agreement" (emphasis mine).My concern is that, under my interpretation, if a fellow real estate investor wants to unload a property or if I get pointed to an opportunity by a former agent, colleague, or friend, this agreement could create an obstacle to moving forward with the deal.In the end, I didn’t sign.
Joshua Kaufman
Commercial Late Fee calculations
5 January 2025 | 3 replies
thethat is really weird language but the way I read that is if rent is $1550.
Tammy Elias
Change in Management
15 January 2025 | 8 replies
She's not going to have any leg to stand on in court if you get that far unless there's some explicit language prohibiting the owner from assigning responsibilities to another legally authorized party, and I'm guessing there isn't if another PM company was maintaining the lease and provisions - and the fact that the tenant was voluntarily working with the other PM confirms the acceptance of an authorized agent even if it's not explicitly stated, the same way if you accept rent from a tenant after a lease expires you imply acceptance of the lease terms continuing (which is why you should always have a holdover provision).
Tanner King
Where to collect data?
10 January 2025 | 4 replies
BTW there is a free trial and the Starter monthly plan is $119.It also allows you to search through consumer information such as property owner "credit worthiness," Credit card usage, buying power, age, language, family members in the house, and many other fields that are above and beyond property characteristics, which is unique.
David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
It does seem to use a little bit of vague language I guess when it comes to "can it be easily/cheaply done".
Paloma Wodehouse
Strong Tenant Laws & How to Protect Yourself
14 January 2025 | 8 replies
Start here...have a solid lease with an Addendum of dealbreakers/rules that are written in plain everyday language.
Charles Roberts
Who owns short term rentals in Japan?
24 January 2025 | 5 replies
We have two young boys who also enjoy Japan and hoping we can all begin to learn the language and possibly enroll them into an International School during the summers.
Jay Hinrichs
New laws in Oregon now define who can wholesale and what license is required
9 January 2025 | 46 replies
And it would be nice to have the disclosure language spelled out.
Becca Pariser
Who is responsible for back mortgage after paperwork is signed?
10 January 2025 | 3 replies
But thank you for providing the language to bring it up to the title company!