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1 October 2024 | 4 replies
You would have to have the owner of the property file a motion for a hearing with the creditor and bankruptcy trustee, to get permission to sell the property, essentially removing it from the umbrella of the bankruptcy.
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8 October 2024 | 22 replies
When someone writes a contract and a section is ambiguous of unenforceable because that section is improper, I believe that section legally is supposed to be interpreted in favor of the party that did not write the document (the tenant).So, if I am correct, that document may not be doing you any good to you at all because of that.
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3 October 2024 | 1 reply
If the cash-out refi provides liquidity and good terms, it could be worth taking, but make sure it doesn't interfere with your construction funds.I can help you assess both options and see if we can offer a more favorable solution.
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4 October 2024 | 7 replies
Most investors are looking for an area that Landlord laws are favorable, and the economy is growing and the population is growing.
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1 October 2024 | 15 replies
I talked with our CPA about doing a partial disposition but he thinks that "the insurance proceeds won't be taxable assuming all the money was put back into the property" and the "partial disposition is probably less favorable than doing a direct offset and just not putting new assets into service".I understand the first part ("the insurance proceeds won't be taxable"), but I disagree with not doing the partial disposition.
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1 October 2024 | 13 replies
On Monday, we presented our 253-unit townhome Planned Unit Development (PUD) to the City Commission and received a favorable 4/5 vote!
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7 October 2024 | 190 replies
A UK fund manager, Ruffer, reduced it's positions in gold in favor of Bitcoin in the amount of $675 Million.
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3 October 2024 | 21 replies
First, the cost of entry is relatively low compared to markets like Las Vegas and Dallas, which means you can acquire properties with more favorable purchase prices and potentially higher yields.
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4 October 2024 | 13 replies
She's choosing to favor the tenants over you, which is a violation of her responsibility.As for liability, I think you're making a mountain out of a mole hill.
1 October 2024 | 2 replies
I was worried this might be difficult to ask them to vacate as NYC housing laws generally favor tenants.