Manuel Rodríguez
How do you make an offer in a property ?
13 December 2020 | 2 replies
You will have to be 18 years old before you can enter into a contract so making an offer is not the most important driver at this time.
Pete Meck
[Calc Review] Help me analyze this Vermont deal
24 December 2020 | 5 replies
House was built 2003, I also have $80 entered as a custom expense field for the misc exterior expense. $30 electric is a third meter(we/septic system), tenants pay utilities.
Sanden Leavers
How do you Owner Finance??
18 December 2020 | 4 replies
If the people you want to purchase this townhouse from have not paid off their own loan yet then they will not have the ability to enter into this arrangement with you until they have finished paying.There are a number of reasons why seller financing can be a good option, most commonly because the buyer can't qualify for a big enough loan to cover the purchase, or because the property itself is considered too risky by banks and possibly other private lenders as well.
Kenneth Cook
New house, tenant won’t talk to me.
18 December 2020 | 3 replies
You have the right to enter with proper notice.
Tom Port
Is my licence needed!?! All opinions welcome!!!
20 December 2020 | 24 replies
If your broker isn't comatose, I bet they'll put a fast stop to it.The other potential landmine is that if you cause the seller to enter into a contract when you don't have the money and intent to perform, that's a tort called "fraud in the inducement".
David Putz
What do you expect to see from Note Investing in the next year?
20 December 2020 | 25 replies
I have seen many new investors enter (and exit) in this time but I have also made some great friends along the way.
Phillip Gilchrease
New Real Estate Agent
27 December 2020 | 14 replies
It's free from my brokerage and it automatically setup campaigns and follow up for each lead enters into the CRM.I can create a squeeze pages, landing pages etc from the KvCore Platform.I only spend $200 to optimize or do some Facebook promotion.Send me a DM if you want to discuss this further.
Ishmael Johnson
Cash for keys during the moratorium
29 December 2020 | 22 replies
Simply put, for each non-paying tenant, the LL sends in a form signed by the tenant and has to settle for an 80% payout of the amount owed.In general (yes, am writing an article for my monthly eMailer, so criticism welcomed):1) Interfering with commercial and contract law – The moratoria go directly to the ability of two people to enter a contract (ie lease) and either being able to enforce the same contract.2) Rewarding bad behaviors and discouraging good – If this bill passes, most tenants that are diligent and follow the terms of their lease with payments are now wondering why they did it since those that are scofflaws gets a bailout.3) Arbitrarily cutting 20% of landlord debt – I don’t see prop taxes or city utilities being dropped 20% to reflect landlord shortfall4) Onus on innocent parties – We expect landlords to follow the laws which they do (try running into a tenant atty in court), however, now landlords need to plead on behalf of deadbeat tenants who can basically do nothing.
Leon Green
Property Management Fees: Conflict of interest?
1 January 2021 | 42 replies
All fees are clearly described in the agreement and should be discussed with the owner before entering into Agreement.Consider that if average rents are $2000 per month, a 10% management fee would be $200 per month.
AJ Shepard
Has anyone used forbearance?
24 December 2020 | 5 replies
My question is, has anyone entered into this and successfully negotiated with the servicer to allow for payments to be added on to the end of the mortgage or renegotiate the terms.