5 December 2013 | 13 replies
The tenant got an attorney from a legal aid agency to help her and the landlord ended up losing.
13 December 2013 | 19 replies
It won't be perfect and expect the renter will still be short and unable to pay the full rent, but a good tenant might be able to pay it or catch up.End of day you will probably lose some income, but gives the renter a chance to catch up and you time to find someone else to fill the space if need be.
8 December 2013 | 8 replies
You still need to do your due diligence as your title given from the auction has no warranty.Some options you could pursue are to approach the people who own the properties that are listed to be auctioned and offer to buy the property so they get something in return before they lose the property.
6 December 2013 | 7 replies
You'll have to determine if it's worth holding it for a month for him cause realistically you'd be losing money by holding it.
13 December 2013 | 37 replies
Even if you can separately meter everything and pass the cost on if the common practice in your market is to have the owner pay then you risk losing renters.I recommend starting with looking at other properties to determine what renters in your market expect.
24 November 2015 | 3 replies
BTW, under either, you need to know that the seller has enough to lose and has the ability to pay any amount arising from default.You can have a sale contract and a lease agreement, the sale contract can terminate upon default under the lease.
14 September 2015 | 17 replies
Eventually, they'll get out of it for about the $215 I told 'em it was worth, lose $50K or so by the time they pay carrying costs for all this time, and they probably will feel burned and never invest in real estate again.
7 December 2013 | 5 replies
If not you will be losing money on this property.
8 December 2013 | 7 replies
You don't know how much rent you will lose from the broken lease until you get a new tenant in place.
6 December 2013 | 2 replies
Whatever it takes.I belive that I was brought to this state of poverty, as the way to make me realize, I have, literally, nothing to lose and everything to gain.