Dontrea Riser
What are two contingencies you use the most in your contracts?
3 February 2020 | 0 replies
I typically use a 15 Business day inspection period and "This Contract is contingent upon Buyer's partners' inspection and approval at the sole discretion of Buyer's partners any time before the inspection period ends.
Bruce Gardner
CPA always "too busy" during tax season - acceptable?
4 February 2020 | 18 replies
@Bruce Gardner I am not a cpa but my cpa/accountant responds to my emails or questions usually within a business day or two, even during this time of year.
Brian DeLorme
Borrowing from a 401K to purchase a rental property
4 February 2020 | 13 replies
It went fine, depends on your company but mine allows the standard up to $50k loan, minimal paperwork, 2-3 business days funding and only a $100 admin fee.
Andy Chen
Time to find a new PM
10 February 2020 | 29 replies
Give the property manager 7 business days to acknowledge receipt and confirm the termination date.
Lake I.
Can I advertise a property for rent before I buy?
7 February 2020 | 10 replies
IE, our tenant moved in on the original agreed upon sale closing date/ leasing date, and we paid the seller a few hundred dollars for the couple of extra business days it took us to close (effectively giving them the rent for those days).
Josh Madruga
Columbus, Ohio - Buy and Hold Rental Properties??
17 February 2020 | 24 replies
There's a new investor moving into the space literally every business day for the last 5 years.
Mindy Jensen
Semantics? February has 28/29 days. How does 30 Day Notice work?
7 February 2020 | 6 replies
(very tenant friendly), all legal notices (3 day, 7, day, etc) count by business days only, not holidays and weekends.
Ivan Mendoza
"Able to execute assignment contract"
22 January 2020 | 6 replies
Probably the wholesaler has promised to put cash in the seller's hand quickly, maybe 7-10 business days.
Angel Dejesus
Fixed rate on residential 4 family investment
23 January 2020 | 7 replies
It’s also sprout mortgage who’s product I’m talking about.Any suggestions thoughts or concerns, what would youuu doooA good local LO should be able to tell you if it'll work or not as a Fannie type loan within a business day or so of getting all your paperwork.
Mindy Jensen
Looking for Document Deadline Language
24 January 2020 | 4 replies
Both the Abstract and Survey shall be dated or re-dated after the date of acceptance, the Seller shall endeavor to deliver the Abstract and Survey along with the draft of the proposed deed to the Buyer or Buyer's attorney within twenty (20) business days thereafter; and(2) At the Closing, to Buyer, a properly signed and notarized, Blah BlahOh wait I see you are talking about Inspection pieces.......