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31 May 2017 | 5 replies
Access to the unit can be granted to the personal representative, or if the personal representative fails to pay the rent or remove the personal belongings, the property manager can file an eviction against the estate of the deceased resident by suing the personal representative, who now “stands in the shoes” of the deceased resident.Upon a resident’s death, legal matters enter a state of limbo.
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13 September 2017 | 3 replies
The folks I know who have done this haven't placed a formal lien; it was just done with a handshake and a promissory note that wasn't officially tied to any collateral.
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10 September 2017 | 7 replies
Btw, if any of you know of a nice 4/2, at least 2000 sqft and moderately updated I'd appreciate it, I'll be down the week of the 18th to try to tie up a lease.
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27 November 2014 | 12 replies
If I were in your shoes I'd pick up an off lease vehicle maybe one that someone drive 36k miles on it then their lease ended.
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9 October 2013 | 9 replies
I know better than to tie myself to 1 bank, but in this case I did.
7 January 2014 | 9 replies
@Steve Candor You've got your hands tied by staying put at your local agency.
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8 January 2014 | 22 replies
Another aspect, buying a 12 unit apt is pretty static as an investment, you're tied into the parameters and business of a landlord.
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23 November 2014 | 27 replies
Banks have loan requirements under the Community Reinvestment Act, that Cali requirement sounds like the non-recourse aspect ties to such loan requirements.
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22 May 2016 | 88 replies
Buying apartment buildings is a lot like buying shoes.
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28 February 2015 | 62 replies
@Mike M Good points.. but its not one shoe fits all just like managing your own or hiring PM.I bought a MH park in Vancouver a few years ago... 44 spaces 7 figure purchase. the property had been self managed for the entire 25 years these folks owned it..