15 July 2024 | 4 replies
Hope I am posting this in the right forum.....I purchased a house with an existing tenant.
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15 July 2024 | 22 replies
Would anyone be able to private message me as well or point me in the right direction?
15 July 2024 | 5 replies
They don't pickup right away but the best time to contact them is between 9-11 AM.
11 July 2024 | 4 replies
I own a mixed use property in Hermann MO with only 5k left on mortgage.
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15 July 2024 | 17 replies
Chicago is a wonderful market, but without the right team things can be very challenging.I highly suggest networking with some of the Chicago BP people or whatever you end up deciding to invest.
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14 July 2024 | 3 replies
This means that you have the right to assign the contract to another buyer without needing the seller's consent (unless specified otherwise).Assignment Agreement:Once you have a signed purchase agreement with the seller, you, as the wholesaler, can then prepare an assignment agreement.The assignment agreement essentially transfers your rights in the original purchase agreement to another buyer (an investor or end-user).In the assignment agreement, you will name the original seller (assignor), yourself as the wholesaler (assignee), and the new buyer (assignee).The assignment agreement should outline the assignment fee (your profit) that you will receive from the new buyer upon closing of the sale.Execution:Both the seller (assignor) and the new buyer (assignee) need to agree and sign the assignment agreement.
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14 July 2024 | 5 replies
Future Rights: It is common for leases to either:Cover existing tenants and equipment: This means the lease covers only the equipment and tenants on the tower at the time of the sale.Include provisions for future tenants: Some agreements might allow for new tenants and equipment to be added, potentially impacting the compensation.Lump Sum Payments: When a lease is sold for a lump sum, it often includes a transfer of the right to collect future rents from existing tenants.
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14 July 2024 | 3 replies
The homeowners use the back entrance to their home rather than their front door which is right next to my front door entrance and comes in directly in front of my bedroom which is noisy my front window is where they park their cars so coming and going in front of my nice big bay window.
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12 July 2024 | 6 replies
As a result I'm left with a hefty tax bill as well as penalties and interest.
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14 July 2024 | 6 replies
Your departing residents have paid for the right to use the unit (per your lease) until 7/31.