Jane S.
Has anyone heard of a company called NOMAD
13 January 2025 | 8 replies
Nomad sent emails telling the renters to move out (I was fine if the renters stayed).
Linda M.
Security deposit increase for NYC lease renewal
17 January 2025 | 3 replies
The rent will be increasing by $100 and I'm just wondering if it's fine to request a check for the additional $100 security deposit or if I need to withdraw and return the current security deposit and request a check for the new amount?
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Chris Allen
Selling Home on Sub-To
9 January 2025 | 9 replies
As a result of being federally charged with these crimes, you may face monetary fines, penalties, prison time and other consequences of Equity Skimming.Equity Skimming and related penalties of sentencing are detailed in 12 United States Code USC Section 1715Z-19.
Maranda Tucker
Charlotte, NC Market Update - Days on market averaging 90 days
15 January 2025 | 0 replies
While the current conditions may feel challenging, they also present opportunities to fine-tune your strategy and stand out in a crowded market.Are you experiencing these trends in your portfolio?
Dean Sexton
New to real estate investing. Quick question
15 January 2025 | 3 replies
If other units at your price point have just hookups you will be fine with just hookups.
Ricardo Garcia
Truebooks CPA - Feedback
9 January 2025 | 46 replies
Make sure you are going to get your money's worth.One more thing: Matt claims they have now fixed their staffing issue and fine tuned the business.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
Dig into the Appraisals: Go over both appraisals with a fine-tooth comb, look at the comps they used, and challenge the discrepancy if needed. 2.
Dean Sexton
New to real estate investing. Quick question
14 January 2025 | 4 replies
On the other hand, if you write something into the lease that you agree upon, it should be fine, but that may turn off many prospects IMO.
Sam Robbins
Advice for rental in HPR
8 January 2025 | 6 replies
Yup, probably just going to rent it out LTR, which is fine.