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7 April 2018 | 5 replies
The CCR's for this specific POA allow the Board President to sign over real estate so long as the Special Meeting procedures occur.I figure if I get a Quit Claim then the County may not allow me to re-Plat as I may not have sufficient Title to perform this task, or the abandonment process, which means the RoW land would not be marketable to future buyers - rendering any investment in it useless.
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24 January 2017 | 3 replies
The deals that I've seen with no contingency are deals where there was a lot of competitive bidding for a desirable asset.There are at least 4 scenarios where an offer without any contingencies can make sense1- Very low earnest money with non performance penalty limited to earnest money2- Long future closing date so purchase contract acts as an option3- All due diligence completed prior to execution of purchase contract4- Willingness and ability to purchase all cashTax sales, foreclosure sales, final sale auctions are all examples of purchasing a property with no contingencies, other than perhaps good title - and at foreclosure sales even that's not a given!
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24 January 2017 | 4 replies
@Tyler Duffin Rentals in SanTan Valley can and do perform very well if they are in the correct location.
24 January 2017 | 4 replies
@Ivan Sosa Both parties have rights in Arizona normally.Until the Trustee sale actually takes place the owners of record would typically have a right to pay off the loan, fees and sell the property.The Trustee is exercising a right granted to sell the property generally granted via the Deed of Trust in Arizona.
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31 January 2017 | 9 replies
Sounds like these owners took the issue seriously and performed a proper remediation for $40K but you don't know.
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31 January 2017 | 2 replies
whenever you're driving somewhere or performing mundane tasks at home - https://www.biggerpockets.com/podcastStart examining your local market - get set up with a search that shows you all of the properties for sale in your area.Once you start to feel comfortable with the methods and terms used in REI, start to network with other investors in your area or on BP.
7 February 2017 | 7 replies
I'm a full time investor performing rehabs and new builds, now ramping up marketing to find better deals.
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2 February 2017 | 9 replies
Evictions can be one of the worst things to disrupt the performance of a rental property.
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2 February 2017 | 1 reply
Now it's up for foreclosure auction with the sheriff.Property 2, maybe someone bought it before the auction, or someone bought the note and got the note re-performing, and removed it from the auction.Good luck!
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19 July 2017 | 11 replies
A consultant is required to perform a thorough home inspection to do the complete work write-up.