Lupe Santiago
Private Lending in Florida - Rules & Regs
Hi! I have the opportunity to make some loans to a home flipping business in FL (structured as an LLC) secured by first position mortgages on residential real estate. I've looked through the laws myself ( http://law....
Derek Bonanni
Can you deny tenant that has already signed the lease?
Hi All,I have a future tenant that signed a lease and has given a security deposit already. I just received a call though from one of their references telling me to not let them move in and that they were in his pres...
Russell Ponce
Can Wholesaling be Illegal?
I just got a pretty severe lecture from a house buyer. Trying to figure out this game and making your way as a wholesaler title companies etc are going to look at you like you've got two heads from time to time. "Peop...
E J
1 Page Contract - Legality
I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...
Eric Jones
How to Calculate Payoff and Arrears on Non-Performing Note
Hello,I'm currently doing due diligence on a non-performing junior lien that has gone unpaid for about 5 years. I know the unpaid principal balance, interest rate, and monthly payment but the arrearages and payoff amo...
James Lee
Cashflow Properties
Hi,What is the best way to learn how and where to buy cash flow investment properties? Any gurus or academies you recommend?
Calvin Thomas
Grant Cardone / Cardone Capital
My office received a call from one of his reps today. I thought the pitch was a pie in the sky type of deal. Anyone hear of this guy on Youtube, Grant Cardone? He boasts a half a billion dollar real estate empire ...
Mark Forest
Damage clauses
I have examined many leases and I have never seen an expressed complete clause whereby the tenant damages the property and the landlord receives compensation immediately. I do not want to wait till they vacate and ha...
Gerald K.
How do you handle dirty tenants?
OK, so you've done all your screening, the tenants look good. No bad reviews from previous landlords.Tenant drives up in a nice new clean car and has good appearance. They move in, then comes the first visit 6 mont...
Robert Howell
Is this note fraud?
I bought a non performing note in Kansas City. It is an institutional note that was originated in 11/2006. Next payment due was 1/2007. This was an investment property. I believe the borrower cashed out the propert...