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5 October 2021 | 5 replies
Hold the funds in the account and apply them one month at a time as rent charges are posted.If you are accepting X months of rent in advance, you should have a written lease agreement for that amount of time and I recommend some financial penalty if they elect to leave early.
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6 October 2021 | 4 replies
It is possible for a syndication to do a 1031 exchange; it is just very difficult because a large number of the partners will need to be in agreement.
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8 October 2021 | 1 reply
My suggestion is just to use a standard MAR purchase and sale agreement (P&S) and for the borrower entity put “Andrew Camarda or assignee or nominee” which makes the contract transferable.
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8 October 2021 | 9 replies
I want to send her a notice to remove all improvements or face eviction (whenever the moratorium is lifted) in which she would not get a relocation payment (she would get a relocation payment with an owner move in eviction and of course if she accepted a buyout agreement).
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8 October 2021 | 16 replies
The agreement is $1000/mo until the loan is paid in full - I gave them verbal assurance that I would not take 150 months to repay them, that I would be refinancing it within the first 2 years, hopefully.
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6 October 2021 | 8 replies
Lots of junk, too many cars parked there, etc- the tenants are friends/family of each other-estoppel agreement showed that none are US citizens.
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6 October 2021 | 1 reply
Is there a standard mobile home lease agreement for lot leases, in which the homes are owned by the tenants themselves?
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6 October 2021 | 9 replies
We are starting to work with a title company for seller agreements and contracts.
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6 October 2021 | 0 replies
The agreement we have had was they would teach me the fundamentals of wholesaling, provide Skip Tracing, come to appointments, handle and teach me contract and legal aspects, etc.
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6 October 2021 | 0 replies
For example, I've been thinking about marketing certain restaurants or businesses to my guests via our property, with an agreement from those businesses to pay for the marketing I'd provide.