Warren Counts Jr
Lease option vs wholesaling
24 October 2014 | 19 replies
It can be done under agreements that can vary from having the first tenant being held responsible, as in the case of simply sub-letting, or the owner could agree to only hold the tenant in possession,which is not so likely.
David Doyle
Josh Cantwell Middle Man Income system
4 April 2013 | 17 replies
But I have used a CFO (Contract for Option to Purchase) for many years.I wrote about the CFO here http://www.biggerpockets.com/blogs/3/blog_posts/25788-cfo-and-a-leaseRE: The CFO - The key to this is you use - a lease and - a contract for option to purchaseIt is a landlord tenant relationship with the leaseYou have to finish the lease as a condition for the CFO.The Option is drawn ahead of time and held in escrow for the buyer, and the buyer has a short time to get the mortgage.The Option is not in the possession of the end buyer until the lease is finished (addresses the equitable interest issue).Conclusion:If you are Licensed in California:Do not close LO assignments on the kitchen table with no witnesses or notary.Realize that the courts will always side with the inexperienced Seller or TBer and not you the REIDo close these in the Attorney's office in California with all the disclosures and releases of liability.There are alot of lawsuits in California.
Lucas S.
Advice For Dealing With Squatters In Adjacent Property?
14 August 2013 | 11 replies
If you can convince the HOA to file for this and the judge agrees, the court will order a separate third party to take possession of the property.
Shaun Palmer
Deposit to Hold Agreement
30 May 2018 | 6 replies
RESIDENT UNDERSTANDS THAT IF POSSESSION IS NOT TAKEN ON THE DATE SPECIFIED IN THE LEASE AGREEMENT THAT THE Holding Fee WILL BE RETAINED BY MANAGEMENT AND WILL THEREFORE BECOME NON-REFUNDABLE, IN ADDITION, THE LEASE WILL BECOME NULL AND VOID AT MANAGEMENTS OPTION.
Mark Stone
Evict for failure to pay rent or simply end lease?
16 December 2016 | 13 replies
Also tell the judge that they've been constantly late, here she may give you an immediate possession vs a 10 day.
Zico George
Possession of Condo REO
13 November 2016 | 0 replies
How do I take possession/break into unit legally?
Mark Paup
Auction.com
7 September 2016 | 10 replies
To follow up on my prior post...I closed and took possession of the property I won at auction on Thursday.
Robert D.
eviction in cook county Chicago, property bought on auction
27 May 2018 | 13 replies
Evict based on non payment of rent or agree and get order of possession “instanter” if they break the court ordered agreement.
Tony G
fork in the road
11 June 2013 | 26 replies
Could/would you have had the current tenants be gone before you take possession?
Alex R.
Confusion about foreclosed properties VS REO properties!
20 February 2013 | 12 replies
In a foreclosure, the lender takes possession of the house and as a result, the homeowner is no longer a party in the sale.