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Results (10,000+)
John M. More protection than an LLC ???
22 August 2013 | 26 replies
Some examples:Acts of God, Terrorism, earthquake, accidents, flooding, fire, condemnation, tenant damage, power failure, theft and exposure because you have deep pockets.
Ed O. Tenant emergency procedures
25 June 2019 | 8 replies
Tenant shall immediately remove any such obstructions when given notification by Landlord; a failure to remove such obstructions will cause Landlord to impose a service charge for removal of such objects by Landlord or a designated removal agency.
Marc L. Seller Finance --- Help Needed
4 September 2012 | 5 replies
You could just allow the buyer to pay these items and provide proof of payment as required which is the simplest way, but;Under a standard deed of trust, the failure to pay may not be a sufficient breach or default to foreclose and the lender may need to advance funds required to pay such items and add the amount to the principal under the note, with interest.In the event of default, there would be no funds on deposit to attach as an "off set" to pay taxes due to date or reduce the loan amount.
Mildred Rivera Wholesaling
27 February 2013 | 9 replies
It seems like many posts lately on BP are of the Wholesaling variety.Nothing wrong with that it just gets kind of redundant with the "I have no money but hopefully wholesaling will make me rich crowd".You can tell many of these individuals do not have a cent to their name.The number one reason any business FAILS and this has been tracked with research over decades is UNDER CAPITALIZATION.What that means in simple terms is you do not have adequate money to sustain your new business until it gains traction and takes off.Miss-management is another big one.It's better to wait and save more and start up with adequate reserves or partner with someone who has more experience and reserves than set yourself up for a high chance of failure when starting out.
Dustin Murphy Music addendum
17 March 2012 | 4 replies
Any fines or penalties charged to landlord as a result of tenant or tenant’s guests failure to abide by applicable laws shall be the responsibility of tenant.
Matt Jankowski Investment Statistical Analysis
16 December 2017 | 16 replies
I have looked at a system marketed on the internet that starts with the premiss that all success and failure in real estate is determined by the specific market an investor chooses to work in.
Account Closed indemnification agreements or liability waiver
5 June 2012 | 8 replies
In many if not most states the liability waver or indemnification probably won't protect you against Liability for failure to fulfill your landlord obligations.
Dion DePaoli Due On Sale Clause - Misunderstood?
23 September 2015 | 16 replies
In the event of failure to pay the lender could enforce their right to foreclose.
Sarah Jones lease option benefits to seller
9 January 2013 | 18 replies
Sellers attempt to transfer ownership responsibilities without giving an ownership interest.The eviction process used or claims of default may not be in compliance depending on the equity established.Many attorneys are not aware of issues that can keep such deals from closing, it's not just about legal compliance with law or contracting.For those deals that do close I attribute those to pure luck or to assistance in the adminstration of the deals.The L/O arrangement is such a failure that it is specifically described in the SAFE Act requiring professional assistance.
George P. How do you overcome this obstacle when wholesaling a property?
8 April 2009 | 27 replies
It seems like you might be letting your lack of success sour your vision for the opportunity.Failure will come in any endeavor, and how you deal with that failure is what will determine the level of success you achieve.