Uneeq Khan
Battling HOA On Leaking Roof For 1 Year
20 February 2020 | 65 replies
@Uneeq KhanI would find an attorney that has dealt with HOAs before.
Michael Vaughn
Corporate Advances/Deferred Balance
26 April 2019 | 12 replies
When a borrower gets behind on payments, other categories go up, but the UPB stays where it is for NPNs.Corporate Advances- any recoverable fee that the lender makes to protect its interests under the terms of the note: forced place insurance or payments on the borrower's existing policy, property taxes, property inspections, fees paid to a trustee or attorney for foreclosure actions.Escrow Advances - if the borrower has an escrow account for property taxes and/or insurance, some lenders will differentiate these advances corporate advances.
Weston Couch
Worried about legal risk in owning property?
23 April 2019 | 3 replies
@Bennett Pinkley You could hire an attorney and work out a payment plan with them that best suits your needs.
Matt Watson
Transitioning from Section 8
25 April 2019 | 17 replies
(Effective September 30, 2018.)(1) A landlord may not, based on the source of income of an otherwise eligible prospective tenant or current tenant:(a) Refuse to lease or rent any real property to a prospective tenant or current tenant, unless the: (i) Prospective tenant's or current tenant's source of income is conditioned on the real property passing inspection; (ii) written estimate of the cost of improvements necessary to pass inspection is more than one thousand five hundred dollars; and (iii) landlord has not received moneys from the landlord mitigation program account to make the improvements;(b) Expel a prospective tenant or current tenant from any real property;(c) Make any distinction, discrimination, or restriction against a prospective tenant or current tenant in the price, terms, conditions, fees, or privileges relating to the rental, lease, or occupancy of real property or in the furnishing of any facilities or services in connection with the rental, lease, or occupancy of real property;(d) Attempt to discourage the rental or lease of any real property to a prospective tenant or current tenant;(e) Assist, induce, incite, or coerce another person to commit an act or engage in a practice that violates this section;(f) Coerce, intimidate, threaten, or interfere with any person in the exercise or enjoyment of, or on account of the person having exercised or enjoyed or having aided or encouraged any other person in the exercise or enjoyment of, any right granted or protected under this section;(g) Represent to a person that a dwelling unit is not available for inspection or rental when the dwelling unit in fact is available for inspection or rental; or(h) Otherwise make unavailable or deny a dwelling unit to a prospective tenant or current tenant that, but for his or her source of income, would be eligible to rent real property.(2) A landlord may not publish, circulate, issue, or display, or cause to be published, circulated, issued, or displayed, any communication, notice, advertisement, or sign of any kind relating to the rental or lease of real property that indicates a preference, limitation, or requirement based on any source of income.(3) If a landlord requires that a prospective tenant or current tenant have a certain threshold level of income, any source of income in the form of a rent voucher or subsidy must be subtracted from the total of the monthly rent prior to calculating if the income criteria have been met.(4) A person in violation of this section shall be held liable in a civil action up to four and one-half times the monthly rent of the real property at issue, as well as court costs and reasonable attorneys' fees.(5) As used in this section, "source of income" includes benefits or subsidy programs including housing assistance, public assistance, emergency rental assistance, veterans benefits, social security, supplemental security income or other retirement programs, and other programs administered by any federal, state, local, or nonprofit entity.
Robert J. Van Horn
Protect my wife from my LLC
23 April 2019 | 2 replies
Divorce is the best way , although I'd suggest consulting an attorney since there are many answers to this question depending on what your goals are, Protecting assets, legal action, what kind, ??
James Kilpatrick
Bought a run down SRO with tons of hazards and violations
23 April 2019 | 1 reply
A horribly unethical contingency attorney banded tenants together to sue us.
Scott Mac
Syndication - Is a PPM required for 3 or less outside investors?
24 April 2019 | 3 replies
@Scott Mac Why not ask a securities attorney?
Timothy Mullally
transfer rental house to LLC
24 April 2019 | 2 replies
Just find a good real estate attorney and they can do it for you.
Jacob Huelsman
Real Estate Attorney's
24 April 2019 | 5 replies
I have just put under contract, a 4 plex in Indiana.Trying to be a little proactive, I'm curious on everyone's thoughts on whether I should hire an attorney to look over the lease I created (in which I mean, copied from the resource center here on BP and changed the location) or not.I'd love to hear everyone's take on this but I'm thinking having a lawyer in my corner just makes sense.If that is the case, the real question I have is how to I find the right lawyer?
Unique Jackson
Create first contract for wholesaling
26 April 2019 | 0 replies
Or is it better to have a contract created by an attorney depending on the deal altogether?