David Stuart
Seller's inspector found mold in condo, should we alert HOA?
10 August 2018 | 6 replies
A "mold inspector" is qualified to use the word and a mold remediation company is qualified to clean it up.Instead of hiring someone qualified to determine the scope of the problem, the proposed solution is to grab a bunch of other non qualified people (the HOA and neighbors) and have them provide resources to determine if.... wet spot in one unit = Life damaging problem.My solution is to hire a qualified mold inspector that he pays for.
Lamario Hopson
Buying my first tax deed this month
10 August 2018 | 8 replies
If you are able to take a default judgment, it will cost around $800 total, and be final and non-appealable in about 2.5 months.
Eric Hrlbock
Busy summer for this teacher
18 August 2018 | 3 replies
I had an accepted offer on one of the condos before I even closed( I wasnt even the owner yet) The condo i am selling I took 5000 non refundable so I wouldn’t make the same mistake I did on the first house where it fell out of contract 2 times.
Paul T.
Option to purchase counting as claim of ownership
10 August 2018 | 18 replies
I charge $25,000 for the non-refundable Option fee.
James Xie
First deal on commercial real estate
19 August 2018 | 12 replies
Chapter 7 to completely wipe out everything or chapter 13 repayment plan which doesn't go away until dismissed for non-payment or the plan is completed over time and discharged.Check to see if current rent on the lease is at,above, or below market rents for similar properties.If personal guarantee and tenant has strong net worth then it could be a positive because if they default early you can go after them personally for the money.
Dave Carella
Bubble, Bubble, toil and trouble
15 August 2018 | 81 replies
Couple that with the fact that for several generations now young people are dissuaded from non-college paths such as the trades.
Stephen R.
Partnering solo 401k with Hard Money and prohibited transactions
10 August 2018 | 7 replies
Or do I only have to offer the solo 401k loan as non-recourse?
Joe Benson
First rental property
9 August 2018 | 7 replies
There's definitely more to learning and experience to be had with a non-turnkey type of deal, and of course more potential profit.
Owen Washington
Can I wholesale properties that were purchased at an auction
9 August 2018 | 4 replies
@Owen Washington it could be done but its complicated, A) you have to be a real cash buyer because they require you to put down a non refundable deposit after the action, or you must have very solid cash buyers that are ok buying a property sight unseen because its hard to get access to the property prior to the closing of title.
Aaron T.
looking for mortgage servicer for construction loan to mortgage
15 August 2018 | 4 replies
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