29 January 2025 | 20 replies
Negligence is only a cause of action when there is a legal duty owed.
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20 January 2025 | 6 replies
I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here.
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27 January 2025 | 3 replies
Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.
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1 February 2025 | 23 replies
If you need help with the process, you can contact Consolidated Civil Enforcement - they have a ton of experience helping landlords through the legal process.
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23 January 2025 | 6 replies
If you want them to leave, provide them legal notice to leave.
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2 January 2025 | 18 replies
Maybe they've been burned by landlords in the past and are being very careful.You can legally reject them based on personality, facial tattoos, body odor, or other factors, but you better make sure you can prove that it wasn't based on any protected class like race, religion, familial status, etc.
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25 January 2025 | 4 replies
You can also find various contracts online, develop your own then have an attorney review it to ensure it has teeth, and is legal in your area.7.
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16 January 2025 | 23 replies
.- Also, you need a legal way to take back the deed if buyer defaults!
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3 February 2025 | 7 replies
Do not rely on it for legal advice.
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24 January 2025 | 4 replies
.- Review the loan documents, there is most likely a due on sale clause, which is why you won't find a title company to process these for you.