John Thedford
My First Eviction Was A Success !?!
28 July 2013 | 9 replies
@Pat L asked the tough question about how the tenant got past the screening process, although people can be good actors (hey, I'm in L.A.).While I could recount tales of tough evictions, I think the main takeaways that other landlords and would-be landlords ought to consider is:1) The incredible unforeseen waste that eviction creates for the investor that can be minimized by effective upfront screening;2) If eviction becomes necessary, not to get all tied up emotionally with the tenants' responses and just keep moving forward.
Account Closed
Why Are there So many Real Estate Mentors amd Teachers?
27 March 2020 | 43 replies
That doesn't necessarily mean their intent is malicious (like a guru).
Westin Hudnall
50/50 partnership. Difference between dissolving a partnership and exiting a partnership ?
29 November 2014 | 5 replies
.,, removal of a corporate partner or members interests will provided for in the event of any illegal act, or refusal to act or death, incapacitation will be by statute.
Brandon M.
Another reason you should have a property manager
9 December 2014 | 16 replies
Sounds like a bunch of bad reasons to keep a bad actor IMO.As a PM, you should know that the owner must be able to withstand prolonged financial vacancies, especially those where the property remains occupied by non-paying tenants while an eviction is ongoing.
Sinaloa Hobson
hard money lenders
8 January 2015 | 9 replies
I'm sure there are many bad actors in the hard money space, just as there are in regular mortgages.
Jerome Kaidor
Criminal Charges for Vandalism
20 August 2016 | 11 replies
Unless it was caught in the act or has pictures or footage of the act.
Ndy Onyido
What EXACTLY is a Turnkey Project?
17 February 2015 | 26 replies
NA Onyido There is two schools of thought on the placing of tenants... one school of thought is if you pick the tenant yourself you can be more selective with your PM in the selection process.I know one hedge fund we flip two they first started wanting everything tenanted.. then they switched and now they want to do their own tenant placement feel they have better command and control.Unfortunately some bad actors in the business have put terrible tenants in and within a few months the tenants are gone etc.. there is a BP thread from an investor off shore who bought Memphis from an Off shore TK company and it had tenants in place that were not good...
Alfred Bell
What do you want Mr. Notebuyer?
29 April 2020 | 215 replies
Calif is a TD state and is very liberal (I'll have to find out if they've drafted there own Safe Act or follow the Fed's).
Jerry D.
First time eviction
3 May 2016 | 45 replies
In any case, malicious destruction of property like that is pretty obvious, & even a pretty limp prosecutor is likely to put him in the pokey for those kinds of things.