Dongzi Wu
Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
Van Gundy has failed to comply with her obligations under the bankruptcy code.If dismissed, litigation against Van Gundy that had been paused since her April 27 bankruptcy filing would be allowed to proceed.Van Gundy did not attend.
Carlos Lopes
Short Term Rental Gross Income
20 November 2024 | 11 replies
Success stories, fail stories, etc.
Albert Johnson
Can a tenant break the lease for health issues?
20 November 2024 | 9 replies
If they fail to pay, then you can consider taking them to small claims court or filing with a collection agency.
Jaime Farias
TEXAS wholesaling contracts
22 November 2024 | 33 replies
Assignment agreement between you (assignor) and the end buyer (assignee)Assigning does not necessarily relieve you of your obligations to close on the purchase if your assignee fails or refuses to do so.
Troy Welch
Legal Advice-1st Position Lender, Borrower Filed Ch 11 Bankruptcy
20 November 2024 | 2 replies
Defaults and Remedies A default exists under this note if (1) Borrower defaults in the payment of this note or in the performance of any obligation in any instrument securing or collateral to this note; (2) (a) Borrower or (b) any other person liable on any part of this note (an "Other Obligated Party") fails to timely pay or perform any obligation or covenant in any written agreement between Lender and Borrower or any Other Obligated Party other than as described in (1) above; (3) any representation in this note or in any other written agreement between Lender and Borrower or any Other Obligated Party is materially false when made; (4) a receiver is appointed for Borrower or an Other Obligated Party or any property on which a lien or security interest is created as security (the "Collateral Security") for any part of this note; (5) any Collateral Security is assigned for the benefit of creditors; (6) a bankruptcy or insolvency proceeding is commenced by Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; (7) (a) a bankruptcy or insolvency proceeding is commenced against Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party and (b) the proceeding continues without dismissal for sixty days, the party against whom the proceeding is commenced admits the material allegations of the petition against it, or an order for relief is entered; (8) Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party is terminated, begins to wind up its affairs, or is authorized to terminate or wind up its affairs by its governing body or persons, or any event occurs or condition exists that permits the termination or winding up of the affairs of Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; or (9) any Collateral Security is impaired by loss, theft, damage, levy and execution, issuance of an official writ or order of seizure, or destruction, unless it is promptly replaced with collateral security of like kind and quality or restored to its former condition.
Jamie Banks
Baselane - Banking Solution for Landlords
25 November 2024 | 36 replies
I like that baseline seems like a good replacement for Quickbooks, as well.In regards to having multiple accounts, I’ve been told that Chase is a bank that allowed for this, but I also don’t trust that Chase wouldn’t be taken out with the other banks failing, so I don’t know about using their accounts, either.If you happen to come by a bank you would trust, I appreciate if you’d share.
Jonathan Greene
The Top 5 Ways I See New Investors Lose Money On Their First Flip or BRRRR
19 November 2024 | 24 replies
This is where most projects go south....If you and your Contractor are not on the same exact page regarding what you are expecting to receive and they are expected to provide, then you are doomed to fail.
Ashley Mierez
Why don't agents and investors like wholesalers??
26 November 2024 | 25 replies
When the wholesaler failed to close, I got the property.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
The world is changing rapidly in front of us for all of us to see but we're all too much bogged down in the minutiae of our lives that we fail or just don't want to see it.To conclude, I'm not quite suggesting that you liquidate all your US assets in a hurry to go and invest everything overseas.