Micheael Certini
Rental Term Agreement Without Extension Provision
If a term agreement does not specify any language as to its extension, does it proceed to a month to month extension or does the extension become a mirror of the original lease term (ie. 6 month lease). Where can the...
Nikki Kofkin
Help! Is this water damage too extensive?
Hey everyone! I’m holding off signing papers to this condo I won at auction until I figure out if the water damage is going to empty my pockets. It seems to be over the wall AC units, but also in other areas of the co...
Ryan MacDonald
Land Locked Lots with Extensive Legal Issues
Investment Info:
Other other investment in Canyon Lake.
Purchase price: $12,000
We purchased two vacant lots that were land locked before the tax sale from the owner. The property required getting a tru...
Serges Lemo
Lease extension on a newly acquired property
Hello BP community,I recently bought a rental property with long term tenants in it. They had been signing lease extension with the previous owner for several years. One tenant's lease needs to be renewed soon. Can I ...
Derrick Spease Jr
Vacant properties with extensive repairs and mortgage
I came across a vacant property in my neighborhood. It needs full renovation, 80k mortgage, CMA 149k. I’m new to real estate. I’ve been learning for about a year and I’m finally taking action. I originally wanted to w...
Account Closed
MOST EXTENSIVE REHAB TO DATE-WEST SEATTLE
Here is our most extensive rehab to date, in West Seattle.In Seattle, we have all of these wonderful old homes with unfinished square footage in the basement, but they don't always have the best ceiling height. There ...
Traci Silvey
Seller refuses to sign extension-Any recourse?
Hello. I'm hoping someone can give me advice regarding a house contract in Texas. My elderly Father signed a contract two years ago to purchase a house. It turns out, the house was part of an estate/trust and now so...
Andy Whitcomb
Seller financing - balloon with creative extension option?
Hey guys! I'm negotiating with a seller on the purchase of a property that will be a BRRRR using short term seller financing to purchase. I'm planning to negotiate a balloon payment 1 year from closing, but I'd like t...
Shawn Ab
Extensive damage to property - filing a claim?
Hi,Just wondering if anyone has dealt with this or has some idea as to how to deal with this. Earlier today, I received a frantic call from my HOA representative saying there's been extensive damage to my rental prop...
Chris Forbes
Managing rentals with extensive garden, ponds, etc.
Hi BP members. I am currently living in a house while remodeling the kitchen and deck in preparation for rental. I am curious if anyone has any opinions or suggestions on managing a house with a fairly nice garden a...