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23 October 2024 | 10 replies
I'd look at when the next unit lease expires and you can either...Delay closing until it's expired and vacantGive them another offer that's less enticing to not deliver the unit vacantWhen it has to do with financing the playing field is pretty level, every buyer will be able to get more competitive with a vacant unit
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4 November 2024 | 34 replies
To my surprise, I can count on two hands how many times a seller/agent has actually called/emailed me to verify the POF.Often, one can obtain a letter from their bank stating the account holder's name, the date, current balance, etc... and that should be more than enough to meet anyone's requests.
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29 October 2024 | 6 replies
I'm up to date on Portugal's various STR restrictions.
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7 November 2024 | 45 replies
As long as the Hap is signed they will back date it.
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29 October 2024 | 9 replies
There is so much nuance to these strategies.Another question popped up since my closing date is looking like it might get pushed back... what happens if the investor is not able to meet the material participation requirement by the end of the year?
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28 October 2024 | 23 replies
I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the closing date and the Seller decided to take a legal vacating process.Background- The current tenant of the Seller failed to move out by the closing date and I heard the tenant is avoiding direct communications with the Seller- Not sure from my end if the tenant is willing to moving out but struggling, or maliciously squatting- I have a vacancy contingency in the contract, thus I can back out at my discretion due to this issue, but currently there is no other properties that I want to move on to due to the market condition- The Seller is trying to take a legal action but it will at least take 3 months or longer, no promise to succeedAdvice to ask- My attorney could not negotiate to ask for a penalty for this delay because the penalty for delay was not included in the contract.
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22 October 2024 | 1 reply
However, I blocked the dates until September 20th to complete some necessary repairs.
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28 October 2024 | 4 replies
Here's an overview of the periods they should consider:Monthly Leases - 15 days of notice.Leases That Last a Year or Less - 15 days of notice.Leases Without a Specified Period - 15 days of notice.Leases That Last Over a Year - 30 days of notice.If you've met the requirement of giving notice, then you can legally require them to leave by a specific date/time and change the locks the second they are out.
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30 October 2024 | 10 replies
Like the saying goes - you date the rate and marry the house.
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28 October 2024 | 5 replies
Outside of real estate, I enjoy going to wine dinners, charity functions, date nights, piano bars, and nice dinners with my amazing wife.Excited to learn and connect with you all!