Carl West
Lending my friend 5k
1 February 2020 | 30 replies
I would exercise caution in giving him money since he may feel more liberty in treating you poorly versus some other third party.
Kamran Rahman
Looking for a reliable Electrician in Greater Seattle
24 January 2020 | 7 replies
The baseboard heaters in the bedrooms stopped working, after doing the above exercise.
Franky Juwana
Need help to construct a House Deal
10 November 2017 | 5 replies
@Franky JuwanaBefore looking at creative solutions for taking control of the problem, you need to establish first it makes sense financially.Is the price the seller is willing to accept a good price.Here it is an exercise of looking at the income they property will bring in and deduct all the expenses you will incur or are likely to incur.If you establish you have some positive cashflows then it makes sense.Now to be creative, you need to know what your constraints are?
Jonathan C.
Can you set up an LLC for properties financed through a residential loan?
17 January 2014 | 6 replies
It states that the full balance COULD be deemed due by your lender when ownership interest is transferred to another party(the LLC).I personally have never heard of this clause being exercised by a bank in a situation like this, but it is something that you should be aware of.
Philip Mullinax
Tenant Repair Overdue
28 March 2019 | 53 replies
I did offer three equal payments which would put them paid off before the end of their lease however they didn’t make the first payment so it doesn’t appear they are exercising that option.
Russell Brazil
Be Careful If You Are Overleveraged
20 March 2020 | 140 replies
This may be an academic exercise but will give comfort on how deep in the water you are in extreme situations.
Jay Hinrichs
Landlords will you give tenants affected by virus a break on rent
21 March 2020 | 108 replies
We have to exercise extreme caution and care when dealing with individual circumstances.
Leon F.
Lease w/ Option 2 Buy gone WRONG!!
16 May 2021 | 57 replies
-I understand that the 15K deposit to exercise the option to buy will be forfeited if I don't exercise the option.The point of a lease option is to collect money up front as a DP or charge a higher rent, part of which goes toward the down payment if they don't have the dp right now.
Sharon Miller
New Tenants want a walk through week before move in. Trap?
15 July 2020 | 34 replies
@Sharon Miller they are exercising their right as stated in the lease.
Ricardo P.
Stay at Home orders extended through May 15
13 April 2020 | 69 replies
The city parks here in Omaha are closed, however you can still bike, fish, exercise and use the trails in them.