16 July 2015 | 17 replies
@Vida Novak survey property to establish if you really have a problem if its just two city lots and the house faces them.. then I highly doubt access or easement to the property is an issue.In most jurisictions the house is grandfathered in and unless your getting an Alta policy of title insurance.. a CLTA will suffice.. its the owner of the remaining lot that is fubared in this instance.. city will not make you move house or anything else like that.I bought a tax sale parcel once in CA. and the neighboring house was half way on to my lot.. we did have to have a trier of fact make a ruling and all he made them do was pay me fair market value for the lot..
15 July 2015 | 3 replies
Yes, I was an in between guy, but I don't need a license for what I did because I remained a principal in the transaction.
16 July 2015 | 5 replies
If you needed money at any given point, you could sell one of your units, use what cash you needed and then invest the remaining money in REI, as a private money lender, in some friends on BP and pull in a nice interest rate to offset the rental income of the property you sold.Good luckArlen
16 July 2015 | 11 replies
You have that process confused with a 1031 exchange, in which gains would be rolled into the new property to remain tax free, but a primary residence is excluded from 1031 treatment.
26 May 2019 | 54 replies
As such, one could argue that the increase in higher-end inventory will drive up the price of the remaining stock as product will shift toward the higher end of the spectrum.Ultimately, a lot of investors are banking on the premise that the new luxury rental & condo market will provide a boost to values all around -- that a rising tide will lift all boats, so to speak.
30 October 2016 | 46 replies
the lender was "local" but worked for a well known/national bank and the deal details remained fairly consistent from soft quote to actual close.
20 July 2015 | 8 replies
Then make the backyard access a part of the lease of the remaining tenant.
5 June 2015 | 12 replies
The buyer may be at least initially getting a buy and hold depending on the remaining time on the lease.
4 June 2015 | 5 replies
The one tenant who wants to remain lives in filth - I know we don't live there and renter is a renter - but when is the disgusting too much?
3 June 2015 | 5 replies
She has tried to evict the tenant but the tenant comes to court with a free lawyer and is allowed to remain in the property.