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29 March 2020 | 10 replies
You're probably aware of the new NWMLS F22FM or CBA's FMA Force Majeure Addendum to address timeline delays based on the stay at home order.
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29 March 2020 | 21 replies
To be clear, I have no issue with delaying rent payments and I want to help my tenants in any way I can.
1 April 2020 | 125 replies
Or you could let them pay what they can, break the lease early with a minimal penalty and get a new tenant in the door who's not affected by this crisis.
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30 March 2020 | 5 replies
I'd love to avoid the headache, delay and cost of an eviction process if possible, but I'm not sure how to approach this.
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27 March 2020 | 1 reply
Disregarding state and local gov't actions, it looks like the federal 'stimulus' bill that just passed only applies to federal backed loans. Is that accurate ?
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6 April 2020 | 43 replies
That's not very helpful at all and delays the inevitable.Has anyone successfully reworked their loan terms and instead, find a way to get a lender to extend the term of the loan by 30, 60, 90 days?
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28 March 2020 | 14 replies
@Gerald Barron For the next month, I'd put it in a savings account earning minimal interest.
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29 March 2020 | 7 replies
I think I need to go back to the seller and ask for more help here, and I want to minimize cost till I have more certainty.
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31 March 2020 | 12 replies
Be prepared for the market to turn.In an emergency, Landlords can delay tax payments for 6-12 months without incurring much of a fee.
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11 May 2020 | 18 replies
Spend some time looking for minimal risk investments in excess of 10% ROI to start.