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13 May 2016 | 4 replies
i just received this "potential lead" minutes ago ( Providence, Rhode Island), its a 2 building property, one unit is a 3 family and the other one, one family, he tells me that in the 1 family we cannot go in an see because he has a tenant under section 8 and is going thru the eviction with the court. the other 3 unit house is vacant due to renovation he was working on it and seems to stop. told me hes not desperate to sell bu, but i know my fellow Dominicans lol, hes a avoiding a low blow from me on the price.im looking to see if i should wholesale this to a landlord, seller finance (he owns free and clear) or hard money lending so i can fix and hold. wow!
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13 May 2016 | 6 replies
A break over how real estate is purchased and sold now reaches the California Supreme Court.Those on both sides of the argument will soon know the high court's decision in the case Malibu home buyer vs.Coldwell Banker.
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15 June 2016 | 12 replies
The monthly park fee was $50 which covered the cost of the pool, tennis courts and clubhouse.
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14 May 2016 | 6 replies
If they do not agree to pay rent while you look for someone new, you can take them to court for rent and get a judgement against them.
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13 May 2016 | 2 replies
For you, they're hieroglyphics.Probate bonds, also referred online in some jurisdictions as "Q-bonds" or Bond zip on Qualifying refers to bonds that the court requires of some petitioners.
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14 May 2016 | 10 replies
THERE IS no funding like that it does not exist for RE investors.. the ONLY 3 % money is for the very wealthy that put up their securities as collateral and then borrow at 1 over libor.. so you have 5 million in securities at one of the big houses and they will lend you 2.5 mil at 1 over libor 2 to 3% but that its.So here is what hard money is universally around the country so as @Aaron Mazzrillo suggests instead of scratching your head and thinking your going to find some unicorn HML.HML rates are 10 to 14% on rate and 2 to 4 points .. usually need at least 20 to 30% in cash into the deal.. one year terms.. etc etc.. once you establish yourself with these folks over time.. the cash needs can drop and rates drop a little.ON the west coast were we have a VERY stable RE market and TONS of money chasing deals.. you can get HML for 1 and 9 1 and 8 sometimes..
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17 May 2016 | 14 replies
For entities that exist to preserve the value and lifestyle of a community, HOA's don't seem to give a damn that investors are rescuing an often neglected home with a non-performing account, and turning them into a quality place to live with a HOA fee paying homeowner.Are others around the country seeing these outrageous fees, and is there anything that we can do to combat this?
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14 May 2016 | 3 replies
I believe you can then withhold rent - and if it ever went to court the judge will ask "did you send a certified letter to the landlord?"
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17 May 2016 | 8 replies
I recently read that it is one of the top 100 wealthiest counties in the country.
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17 May 2016 | 5 replies
I had a suicide in one of the homes I bought at court house steps.. guy just would not move and when we had to evict.. ( let him live there for 8 months for free you know me and how tough I am as a landlord :).. the guy went in the back yard and shot himself.we were able to list and sell.. but its because we already owned it.