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9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
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18 February 2025 | 148 replies
They are suffering from their own stupidity, being "over-leveraged", and the investor from greed/fear inducing a good old fashioned Bank RUN on them, which they don't of course have the funds to pay out without bankrupting themselves.
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21 February 2025 | 250 replies
Leverage to induce an action, NOT the actions of intent themself.
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29 January 2025 | 107 replies
Just to add to Chris's post.Time is the best friend of a good decision and the worst enemy of a bad decision.Keep endeavoring to make good decisions and ask questions on the forum like you did if in doubt.You will have a few bum jackers like myself that will happily share an opinion on the situation.Your job is to syphon through all those opinions and as they should mold your decision making for the better 🙏Appreciate it to both of you!
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23 February 2025 | 80 replies
Note: I am an outsider with no investment in DC and no doge in the fight;) The other thing you will see on the rental side at least in our suburbs, is induced demand if rental prices were to fall even a little, you have many people living at home, in places that are too small, whatever.
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23 January 2025 | 165 replies
Now as for what happens if a person who just lost a million+ dollar home just bizarrely says "nah, forget it, being a bum in a tent on the beach seems so much better".... well if ya knew the basics of Real Estate you'd know there is policy in place literally everywhere in the US for exactly that.
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3 January 2025 | 42 replies
-Marty Summers Marty, Nothing that I posted is incorrect, but thanks for stopping by to repeat some of the marketing material that induced you to send seven figures to BAM Capital.
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28 December 2024 | 16 replies
Such melodramatics, as the guy's not going to die from exposure unless he's a mental case or a bum, both of which there are avenues for help.
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19 December 2024 | 28 replies
As long as it cleans my bum I don't really spend a lot of time thinking about it, and I suspect most of your guests won't either.
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31 December 2024 | 418 replies
And we also diversify buying the brand "Bum-Fight's", and were gonna bring back the defunct brand, again with ai......