Zachary Gilula
Doing Due Diligence on an old Gas Station?
Hi everyone,I'm evaluating the viability of a property that is an old gas station and I want to make sure I know everything related to it. It's been sitting vacant for up to 8 years and it's owned by the county becaus...
Jeffrey Hennen
Tenant responsible unpaid utilities
Hello, I am trying to understand the legalities of what a Utility company can do in the event a tenant does not pay their utilities, mainly electric and Gas. I ran into a situation specifically for my water bill that ...
Johnny Peebles
Purchase of a Dissolved LLC in Georgia
I'm in the business of finding Real Estate Tax Sale overages (a property owner, in this case, a now dissolved LLC, has defaulted on property taxes for 5 years straight, resulting in the county selling the property, us...
Al Mcbee
Very Motivated Seller, but they have a realtor.
I have spoken with a homeowner that is just wanting out of their house payment. She has told me that she just wants what she owes on property, but she can't tell me what that is because she is under contract with a re...
Brittany P.
Foreclosure Requirements for CFD
Reaching out to all you note/CFD veterans again.It's my understanding that in certain states, for delinquent/non-performing CFD's, you must go through a standard foreclosure process (once all other methods like forbea...
Zachary Phelan
Creative finance with 50k equity and $400 a month cash flow Alabama
First good creative finance deal in negotiation! Seller needs some equity to pay medical bills. I don't have all the capital and now have to find a $ partner. Comps and lender appraisal puts property at 218k(1 month a...
Harsh Singh
Tenant in default in Texas
Hello,So this has never happened to me before. My tenant defaulted on the rent and vacated the property. He stated that he has left the key in the home but I am unaware of the condition that he left it in at this poin...
Ted Akers
More Short Sales and The Elusive Shadow Inventory
What do You Think?
The Wall Street Journal is reporting that studies by Standard and Poors and John Burns Real Estate Consulting conclude that 70% of loan modifications done will delay but not prevent foreclosures. ...
Star J.
To pay or not to pay
Newbie 8 family rental owner. In my area the water company can hold the landlord liable for any unpaid water charges whether it is in the tenants name or not.. How are other landlords passing that cost to tenants whil...
Julie Falen
Subject-2 buyer not performing
I sold a property Sub 2 in 2013 on a 5-year balloon. No escrow. Buyer sold the contract to someone else. Balloon was due in 2018. He has not performed, has not paid taxes or insurance so my balance went way up with ...