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27 April 2018 | 2 replies
1) Laws of your state2) The terms of the contract you have with your management companyI can tell you anecdotally, one of my property managers had to pay a pretty large settlement recently on a property with black mold.
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2 May 2018 | 6 replies
I actually just did a similar job, where we built an "in-law" apartment over the garage.
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25 May 2018 | 11 replies
Research local law concerning lien priority.
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27 April 2018 | 1 reply
im curious... i have a detached 2 car garage with its own meter sitting right next to my house. the space is 550sqft with a walk up attic, i was thinking of adding another 500sqft in front of my garage and extending t...
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29 April 2018 | 6 replies
@Reuben Royal - Before you head down this route and spend lots of time and money trying to wholesale pre-foreclosures, from our experience (almost 4 years) of trying to buy pre-foreclosures is that the owners either want to home to go into foreclosure (sounds crazy but true) or are so underwater that they can't do anything with it.We did everything from door knocking, mailing, etc and the only way we ever bought them was at auction.Also many states have strict laws regarding putting homes under contract that are in pre-foreclosure.
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24 May 2018 | 26 replies
Most of my tenants are law enforcement, fire department and teachers
6 May 2018 | 9 replies
However, if you can’t get ahold of her, I would make sure you comply with the law before you take back possession.
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1 May 2018 | 3 replies
He's focused strictly on services for entrepreneurs.
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30 March 2019 | 8 replies
There are already statutes and regulations regarding fraud and deception in real estate transactions.Educating people who want to be educated is fine, but if a governing body restricts the pool of ready and willing buyers, more properties will go to foreclosure and sit on the market longer.Real estate investors perform a vital function in every jurisdiction: putting properties back on the market, in good condition.Many of the properties they buy could never pass conventional lender's inspection because they typically require tens of thousands of dollars in repairs that most homeowners do not have or cannot do themselves.Additionally, many real estate investors near metropolitan centers can access almost an unlimited pool of funding to buy and remodel properties if the numbers work.From contract to close, the time can be in as little as 3-4 business days.The delay is mostly waiting on title companies.So when flippers mail letters and post cards to owners saying they can "close quick" and "all cash", that is a fact, not fraud.Of course, realtors will recommend you list your property – that's how they make money – so they are self-interested, which makes the report biased.Maybe next time you can have a "flipper" on you show for balanced reporting.The idea of anyone feeling "pressured" by getting a post card or flyer is ludicrous.If the homeowner doesn't want to sell, the solution is to throw them away.But the idea of "there ought to be a law" is equally ludicrous.If there are bad actors committing fraud, the answer is to enforce the laws already on the books.Out of all the properties posted for sale every 1st Tuesday of the month at the trustee's sale, a very large percentage never make it because they are bought by the very flippers you disparaged.If not for the real estate investing community, cities around the country would look much, much worse.My biggest complaint with your report is that you completely failed to get the rest of the story.Your editor needs address this."
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22 May 2018 | 15 replies
Even those succeeding in that space at scale have to constantly push and/or pivot with growing competition, average home prices and state-specific laws surrounding brokering!