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Buying an Apartment Complex
7 July 2010 | 27 replies
It is hereby agreed that such condition shall be for the exclusive benefit of the Buyer and may be waived or removed by it at any time during the Feasibility Period by delivery of written notice tothe Seller.Seller shall provide to Buyer all of the following information and documentation (hereinafter called the Review Items) to the extent that it is in Seller’s possession, within five (5) days from the date of execution of a Purchase Agreement between Buyer and Seller:a) Copies of any and all ground leases, residential leases [which shall be made available to Buyer at the Property], easements, land use restriction agreements (if applicable), deed restrictions, liens and deeds of trust, and any other documents encumbering the property.b) A complete set of as-built building plans and specifications of the Property and all improvements thereon, including all structural, mechanical and electrical plans andspecifications, to the extent in the possession of Seller;c) Copies of any and all existing soil, environmental, structural, mechanical and other consulting studies or reports pertaining to the Property and any improvementsconstructed thereon which have been completed within the last three (3) years, to the extent in the possession of Seller;d) Copies of all financial statements pertaining to the operation of the Property, including income and expense reports for (a) the last three (3) full years and (b) each month of the last twelve months, to the extent in the possession of Seller.
Kim Hawkinson
New Investor from Arkansas
28 May 2010 | 5 replies
I'm just up 65 highway in Springfield, drop me a line any time!
Account Closed
Hey Bush Haters....
22 June 2010 | 15 replies
I missed winning a World Series bracelet a couple years ago because I made a big short-handed mistake that I never would have made if I spent any time studying short-handed play.Plus, once the big tourneys get into the money, generally the blinds/ante are a significant portion of your stack, your M is low, and even full tables can play like they're short-handed.
J Scott
War is Making You Poor Act
1 July 2010 | 34 replies
Unfortunately, unless we elect a libertarian, I don't see that happening anytime soon...
Frank McGovern
What are the pros and cons of being an agent and a wholesaler?
3 November 2015 | 18 replies
Pros, you have access to the MLS at anytime and this gives you way more exposure.
Brandon Turner
Grace Periods? Rent extensions? What do you do?
19 July 2010 | 24 replies
If not paid by 7th I file eviction.For exceptions, I still file eviction on the 7th and they can pay me anytime up until day before court day but amount must include rent, plus $70 late fee + $150 for dispo filing.Let them realize that they can pay on 10th or 15th (common pay dates here) but it will cost them late fee and disp fee on top of rent amount.
Bryan Hancock
Is It Ethical To Structure Seller Financing on Wrap Transactions With the Intent to Default?
7 July 2010 | 37 replies
I'd assume any time seller gets a property back is an inopportune time, no?
F. De Rop
Buying Property in France Tips
6 July 2010 | 0 replies
It is also known that some brokers allow their agent at any time be paid, even if the sale falls through.
Ted Harris
The Myth of the 'Shadow Inventory'
11 August 2010 | 5 replies
Video link below supports why we won't see this shadow inventory flood the market any time soon.
Tracey B.
excellent tenant switched jobs, late rent
25 July 2010 | 16 replies
If not, go month to month and let the tenant know that you evict at the first opportunity ... meaning paying full rent anytime past the 5th of the month or whatever is in the lease.Good Luck.