Jackie Arrondo
Inheriting Tenants on House Hack First 3 Unit Multi (RI)
26 July 2021 | 8 replies
Closing date was July 20th with the second floor unit (least qualified tenant/way under market) being vacant at closing.
Account Closed
Under Contract and Basement Flooded. Now what?
14 July 2021 | 52 replies
Seller shall repair any damage that occurs from the date of this Contract to the date of Closing, reasonable wear and tear excepted.
Mark Servin
Using First Lien Note as Collateral/Hypothecation
9 July 2021 | 1 reply
First check with your bank, then banks and credit unions, but, they will want an appraisal on the property most likely along with your first born.There are note buyers who will buy a portion of your note, like 4 years worth at a discount, you would need to shop them.It would be easier to sell the note in whole or in part with a repurchase agreement at a later date.
John Garman
What Constitutes Abandonment?
12 July 2021 | 12 replies
Let her know how many times you attempted to communicate, when you posted notice, the date you entered, etc.
Ali Rist
Tenant paid last months rent on move in
13 July 2021 | 5 replies
Personally I would let the tenant know you are filing a 30 day notice that will expire at the end of August (if that is the right date?).
Jonathan Saft
Hiring a property manager vs. doing it yourself
13 July 2021 | 10 replies
For example, going to landlord-tenant court without one seemingly unimportant document with a signature and date on it could cost you months of back rent.
Rusty Duke
Capital gains when is the 2 years up?
20 July 2021 | 4 replies
@Rusty DukeThe two year clock starts when you live and own the property.You look back on the most recent 5 years to determine section 121 exclusion.If you move out of the property once the property is signed, you would no longer count those days.If you move out much earlier than when the property is signed, you use that date.
Ruby Ruiz
OFF MARKET COMMERCIAL MIXED USE
12 July 2021 | 0 replies
CLEAN Bakery, car dealership, and 3 mobile home pads... absolutely no rehab needed on this one!