
2 November 2011 | 1 reply
They're designed for the state of California.If you want to critique them and think you have educated/experienced valuable feedback message me with your email and I'll send em over.

4 November 2011 | 7 replies
However, they only paid $600/mo. at their last place so I'm not sure if they will be able to keep this up.Then one of the two remaining tenants sent me an email hinting indirectly about what would happen to the security deposit if they had to move out before the end of the lease.I am thinking of two options:1) telling them I will let them out of the lease early if they stay at least until January 1st (so I don't have to deal with the holiday vacancy problem) and stay current on the rent until then, and I will give them back the deposit if the place is in broom clean, undamaged condition, as per the lease.2) lower the rent to $800 to keep them there (I haven't had any real issues with the two remaining people, and they are taking good care of the place).

6 November 2011 | 3 replies
Seller paid closing costs are usually called a "seller concession" and appear on the settlement statement as amounts paid by seller for buyer.Your assumption would be correct for the buyer in #2.
17 November 2011 | 12 replies
Only been in it for a month, definitely not giving up, for sure.I had two Realtor email mme a list of sold property for cash in the last 90 days.

12 November 2011 | 17 replies
Jeff,The following two statements should probably save you a lot of time:1) The people asking you to find deals on the MLS probably don't have money.2) The deals you find them probably aren't deals.With that in mind... you will likely be able to free up your time for more productive use.

7 November 2011 | 1 reply
Because I have not received a payment as of yet for November I emailed her and her work email bounced back to me which leads me to believe she is no longer employeed there.

9 November 2011 | 5 replies
"they owe the bank $295,000"NO according to YOU she is on title but not the mortgage.If that is true she owes NOTHING to the bank.She just has a partial ownership by title with a property that is underwater in value.Even if it forecloses she can milk some more months as a "tenant at will" before the bank can get her out.Usually they will offer "cash for keys" for her to move.This time of year with court delays for evictions it would most likely take the bank awhile to get her out.She could always try to get the husband to sign an "authorization to release" from giving her the authority to speak about the loan to her.With an underwater house most owners/tenants just care about the mortgage payment.Example house was worth 200k but now worth 130k.Mortgage payment is currently 1,600 but owner/tenant wants payment of 1,100.The bank might readjust the loan payments rather than foreclose and take a big loss.It depends on what type of loan it is and who owns it and workout options.If you bought it for cash at foreclosure then she could stay as a tenant and you have her sign a lease and she rents from you.The details will be based on a state by state basis with time lines and risks involved.She could try to buy the note at a discount or get an investor to try to purchase it on a short sale and rent to her etc.The confusing part of your statement is you said she had 150,000 cash but yet recently filed bankruptcy.Are your sure the husband didn't file bankruptcy and she received the money from the proceedings??

8 December 2011 | 8 replies
This particular forum is not for looking for a mentor or actually making a deal.Also note that contact info, such as e-mail addresses or phone numbers needs to go into your signature.

11 November 2011 | 38 replies
Now, just because your personal and best holdings don't weigh up, does that make my statement untrue Mr.

4 July 2017 | 53 replies
Your audit trail is certified funds, receipt, the bank statement with funds withdrawn and funds deposited after acceptance.