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28 September 2020 | 11 replies
A lot of posters here keep saying sue for specific performance, but that happens about 0.000001% of the time.Think I'd take my inspection fees and get my E/M back and learn that you really can't force a seller to sign.And even if you could, a signature under duress isn't legal often.
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1 October 2020 | 3 replies
I only had to pay them for the tax return at this point, so I decide to continue working with them out of convenience.
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6 November 2020 | 17 replies
I've told my wife that I only want to own properties in states that don't have income tax.
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30 September 2020 | 6 replies
(b) (1) Except as provided in paragraph (2), this division shall not apply to a depository institution, as defined in Section 1420, a person licensed pursuant to Division 9 (commencing with Section 22000) or Division 20 (commencing with Section 50000), a person licensed pursuant to Part 1 (commencing with Section 10000) of Division 4 of the Business and Professions Code, a person who is subject to the Karnette Rental-Purchase Act (Title 2.96 (commencing with Section 1812.620) of Part 4 of Division 3 of the Civil Code), or a trustee performing acts in connection with a nonjudicial foreclosure pursuant to Article 1 (commencing with Section 2920) of Chapter 2 of Title 14 of Part 4 of Division 3 of the Civil Code.
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29 September 2020 | 8 replies
I was also thinking 10% was High and I only charge 8%.Something to think about Paul.
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1 October 2020 | 52 replies
Underwrite you property so it can perform both in a short term capacity AND as a longer term rental.
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29 September 2020 | 4 replies
Lenders that don’t require an appraisal will perform a desktop appraisal but will typically have a very conservative view on the value of the property to protect the company’s investment.
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4 October 2020 | 3 replies
Big Sky, Montana; the Outer Banks of North Carolina; and Hilton Head Island saw a 39%, 27%, and 25% increase, respectively.”As seen above, best-performing destinations are located in rural and suburban areas.
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14 October 2020 | 15 replies
I only buy to hold and rent out.
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13 October 2020 | 52 replies
If you end up with hard money lender that's fine, but a bank should be willing to lend that will ensure loan to value and other performance metrics are good.Good luck