John Geldert
Hard Money "Holdbacks"
21 June 2019 | 38 replies
Yes, as a mortgage underwriter for HML when there's a incomplete project or rehab, in CA HML will do a escrow hold back or builder trust fund and it will be a draw upon completion part of the subject property. we only request for evidence of funds to close and reserves just in case if the rehab need additional funds to cover the unfinished section of the subject property.
Jacob Perez
SUCCESS STORY: Raised Rents & Forced Appreciation - Hamilton, ON
12 January 2018 | 20 replies
@Jacob Perez it’s evident that you have to be willing to take on the bigger problems to get the bigger rewards.
Anurag Kumar
Newbie looking for suggestions
8 February 2018 | 11 replies
Evidently, the first order of business for me is to buy a property to live in as soon as possible without wasting any more money on rent.I want to buy something in a nice stable neighborhood that would cash flow if I move out in say, 5 years or sooner.
Brian Frazier
Any recourse after buying home that has hidden issues ?
19 December 2017 | 21 replies
If you have a strong case with evidence of cover up, then you may win, but if you lose, you are out more money.
Benjamin Richards
Found out new tenant has criminal charges pending
22 May 2019 | 18 replies
Normally in these type of cases they don’t get too far unless they have tangible evidence and a pretty strong case to bring it to court given the nature of the crime .
Hyung ku Kim
Pre-screening a roommate
3 February 2020 | 3 replies
Don't accept any explanation that is not backed with verifiable evidence.
Jay McAllister
Advice on mom living with tenant and not on lease
4 April 2022 | 6 replies
> Don't deal with the mom, you have no legal arrangement with her> Refer to the lease for everything, if you find evidence of someone not on the lease living there, inform those on the lease they will need to be added> If they don't want to add her to the lease (this includes the fees that you would normally charge), give the option to sign a termination and move out at the end of the month> If they balk at not moving and not being added, simply inform them they are in violation of the lease and will be dealt with accordingly (evicted)
Linda Robinson
Tenant has a dog when I have no pet policy
23 June 2022 | 23 replies
(I have heard some crazy stories about HUD paying for thinks from ceiling fans to furnaces- evidently you/your tenant just need to know how to “use” the system properly)Good luck on the dog.
Kevin Lackland
Doing Lease Options as an Agent
12 October 2013 | 6 replies
Evidently, I'm guessing, Kevin is using a phone where it's difficult to type very much leading to insufficient information overall
Alex Silang
Worried about investing in a bad area (buy and hold)
8 March 2014 | 18 replies
Alex, besides networking at our Worcester Black Diamond event, consider connecting with Worcester Property Owners Assn. which has evidently morphed into masslandlords.net.