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18 July 2014 | 5 replies
Where they don't think they have to pay rent, and don't understand why they are being evicted after not paying rent, and after I bent over backwards to keep them in the house or to avoid court.2. where they request to have carpet replaced with laminate, after they destroyed the carpet?
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19 July 2014 | 18 replies
Also to be fair to @John Montgomery since I am in the Chicago Market...I understand the market for Hard Money here in Chicago is very different from other markets...The market would benefit from more competition because the handful of HML have their pick of the litter and can cherry pick deals...on average they won't even do a deal with a newbie rehabber, and if they will they will only fund the rehab portion to protect their interest and limit their exposure to risk.Cook County is a much harder county to do foreclosures in, and that creates a lot more risk for the HML...Finding a Good Hard Money Lender - matter of fact I wouldn't call most Rehab Lenders in Chicago HML because they function mostly like banks except for the interest rate and points...They want 20-35% of Investors Cash into the Deal based on Acquisition and Rehab...no matter what the % ARV is...Oh, and they still want 680 Credit Scores, and Full Doc Loan Submission...Not anything close to Asset Based Lending...Any HML that are considering moving to a market where there is a ton of Opportunity, Chicago is a great market.
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24 July 2014 | 42 replies
Trina, my property manager, looked them up and they don't exist.The police REFUSED to act or intervene as this 'tenant' had a lease and said the only way to remove him is to file for eviction through the courts which will take 60 days.Trina is getting power and water turned off straight away to make it less comfortable for the guy.
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18 July 2014 | 12 replies
Did I mention I love the Goal Seek function of Excel.Can you get the property for that?
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26 July 2014 | 8 replies
Save extra funds, find a good, quick locksmith to re-key locks asap, start a relationship with a real estate, owner-tenant lawyer who can manage the legal situations, understand local laws and what would and would not apply in varied cases, have a stable of vendors and contractors who can do any and all work needed to return the property to desired condition, start a folder with necessary paperwork for court filings, connect with property managers or other owners who can help with information, be prepared to document EVERYTHING, etc.
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27 July 2014 | 3 replies
You can find those leads at probate court.
27 July 2014 | 24 replies
If one party won't sign the title company files and interpleader with the courts and it can take over a year to get EM back.. and the offending party is not punished in any way...
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13 August 2014 | 7 replies
An understanding of how to write or direct the work of writing buy-side contracts to design out risk and sequence functions properly to gather information to raise moneyRaising money is a bit of an art form and this is one of the primary roles a developer plays in the art of a deal.
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27 July 2014 | 2 replies
But if one exists, the hardware must work and the door must function properly.
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28 July 2014 | 3 replies
Anywho it kind of a making money with a job thats dual function is to help me learn how to manage my own property.