Hello fellow investors.  

I obliged to give them the time.But they didn't pay by agreed upon date in the new year.

After the 7 days, we can send to an attorney to file for a court date - which incurs attorney & court fees for owner.We would have had a chat with the owner at this point to discuss pros & cons of waiting vs filing.

I'm up to date on Portugal's various STR restrictions.  

Please provide a forwarding address prior to moving out, and be sure to cancel/transfer any utilities out of your name by the move out date.

We’re now five days from the closing date, with no response from Lacey, despite multiple attempts from me, my lender, and even Rent to Retirement to contact her. 

I'm currently in the process of closing my first primary residence deal in NYC, and I would like to ask for a piece of advice to the community.The current tenant of the Seller failed to move out by the closing date and the Seller decided to take a legal vacating process.Background- The current tenant of the Seller failed to move out by the closing date and I heard the tenant is avoiding direct communications with the Seller- Not sure from my end if the tenant is willing to moving out but struggling, or maliciously squatting- I have a vacancy contingency in the contract, thus I can back out at my discretion due to this issue, but currently there is no other properties that I want to move on to due to the market condition- The Seller is trying to take a legal action but it will at least take 3 months or longer, no promise to succeedAdvice to ask- My attorney could not negotiate to ask for a penalty for this delay because the penalty for delay was not included in the contract.

There is so much nuance to these strategies.Another question popped up since my closing date is looking like it might get pushed back... what happens if the investor is not able to meet the material participation requirement by the end of the year? 

Here's an overview of the periods they should consider:Monthly Leases - 15 days of notice.Leases That Last a Year or Less - 15 days of notice.Leases Without a Specified Period - 15 days of notice.Leases That Last Over a Year - 30 days of notice.If you've met the requirement of giving notice, then you can legally require them to leave by a specific date/time and change the locks the second they are out.

Welcome, fellow OC investor.