Rick Ilich
Deed restrictions removal question
10 January 2025 | 3 replies
If it’s tied directly to the lender as part of your mortgage agreement, you’d probably need to negotiate with them or refinance with a different lender who doesn’t require that restriction.However, if the restriction is part of the property deed itself and was placed by a previous owner or another party, it can be more complicated.
Nick Hulme
Home Improvement vs Investment Properties
16 January 2025 | 5 replies
Usually the hardest part is coming up with the down payment.
Nate Jenks
Private Party Purchase Agreement
16 December 2024 | 1 reply
Hello all,We have a prospective family friend that would like to do a sale private party.
Benjamin Carver
Short Term Rental & Mid Term Rental Strategies for Raleigh-Durham NC
13 January 2025 | 12 replies
Conservative, aggressive.
James Jefferson
Reverse Mortgage Options
26 January 2025 | 5 replies
HUD recently has been liquidating these properties and the notes sold to 3rd parties.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
31 January 2025 | 51 replies
I am very conservative so I want to be careful in how I frame expectations.
John Underwood
BOI requirements back on hold
6 January 2025 | 4 replies
However, in order to preserve the constitutional status quo while the merits panel considers the parties’ weighty substantive arguments, that part of the motions-panel order granting the Government’s motion to stay the district court’s preliminary injunction enjoining enforcement of the CTA and the Reporting Rule is VACATED.”
Michael Poloncic
Tenant breaking their lease
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.
Clarase Mika
Why Americans Should Be Investing in German Real Estate: An In-Depth White Paper
24 January 2025 | 0 replies
The requirement for a notary to oversee the property transaction further safeguards the investment process, providing both parties with legal protection.4.
Chris Morris
Detroit Wholesalers: Why Do Your Deals Suck So Bad?!
17 January 2025 | 10 replies
I can say in Detroit the wholesaler your talking to has most likely found that deal from 2-3 other wholesalers, they literally have to payout 2 - 3 other parties to get the deal and this is what the fees are high and the deal makes no sense.