There is some damage on the floor from a pet and one of the kids rooms has some urine smell in the carpet, they tried hard to get out but it is still there.We applied for rental assistance in December, and it still hasn't come through.Today they called me for the final walkthrough, "and just wanted to make sure they get their deposit back".If rental assistance comes through do I need to give them 2k for the deposit? 

I will give a deposit (30%) and then can and will if asked, float some funds (less than 20%) during the project to cover manpower but I will not hand over the final 50% check until work if finalized.

“Loss of potential income on the house” are not damages...by any stretch of the imagination.

Bear with me, because this might be a stretch, but maybe the bank through which you process the income on the $40MM income-producing real estate portfolio might be a potential solution to your problem?

Eviction matters with a related pending ERAP application continue to be stayed until a final determination of eligibility for the rental assistance is issued by the Office of Temporary and Disability Assistance (OTDA).

Good Day!I'm Dwayne 'Mike' Clarke a new investor from Florida! I'm here to learn as much as I can, connect with like minded people, and expand my portfolio which only consists of one (1) property!  I'm focusing on out...

Negotiations of the final purchase were based on comparable price/sf and cap rate for the area, as well as anticipated deferred maintenance that was estimated during the initial property visit.

I finally talked him into putting his talents into an investment house (a partnership) for retirement income. 

Finally, it was a price that I could afford. 

Hi Everyone, I've been interested in getting started on entering the CRE industry personally for a while now and have finally taken additional steps towards getting that 1st property through joining this great community.