Albert Ng
Dealing with rent strike tenant in San Jose
11 May 2020 | 4 replies
IF she fails to pay on that date, proceed with your normal process.If she asks to pay late again next month, do the same.Verbal agreements are going to cause a lot of Landlords a lot of headaches over the next couple months.
Jonathan Lane
Getting out of deals
18 April 2020 | 11 replies
Thats a bit greasy at best.Thats all assuming that the reason you are pulling out is not because something unexpected was found in an inspection, which would be a totally normal thing if you wrote that contingency into the offer and did in fact not like the results of inspection.EDIT. if you have made offers on multiple properties and more than you can afford accepted, consider taking on a partner or find alternate financing rather than trying to pull out. if they accepted your offers, I would assume that numbers work.
Max Soukhov
What will happen to REITs?
7 April 2020 | 11 replies
It's quite interesting to see something like SPG (Simon Malls) trades at 18x book value normally (now down to 5x) vs something like AHT (a hospitality reit) is trading at 0.28x (normally trades at 1x).
Nathan Gesner
Are you putting it in writing?
5 April 2020 | 6 replies
This is more of a warning than a question.If you are deviating from your lease agreement or normal policies, be sure to put it in writing.
David Goler
SBA Loans - COVID - Coronavirua Relief
2 May 2020 | 12 replies
@Bob Prisco we are located in the heart of COVID, right now things are slower then normal.
Mike Imbriglio
Deal in So Cal, what do you guys think?
11 April 2020 | 21 replies
@Mike Imbriglio,I don't normally try to dive into what the buyer's ultimate profit will be.
Jordan Murrell
Is now a good time to start investing?
7 April 2020 | 58 replies
Networking here on Bigger Pockets, looking to join the REIA once everything is back to normal.
May Lee
Who Can Get a "Rental 30" During Covid? (Longterm Rental Loan)
7 April 2020 | 4 replies
That same lender would normally have converted me over to a Rental30, but now he can't.
EJ K.
Can you walk away from new construction at closing
25 April 2020 | 16 replies
In our market we have 2 choices, deposit as damages, or not take it and seek further damages.Yes its a check the box you check the box and the EM is forfeited as liquidated damages if you don't check the box then its all the normal remedies.However in this case where the builder went out and borrowed money to build these folks a home..