Allende Hernandez
Wrap a HELOC
Hi guys,
I have a seller that has a HELOC of 144K with 18 years left and he is wiling to do a wrap with a 5 years balloon to a buyer(I'm just assigning the contract)
I'm too new to all this and I'm not sure if its ...
Nicholas Kurowski
Holding Fee Agreement Form
Good Afternoon BP,I am looking to find a Holding Fee Agreement Form. I have an apartment I will be holding for an approved tenant for the next three weeks. The tenant has agreed to a holding fee of $1,000 to cover th...
Calvin Rappard
Violation of HOA rules: Pass fine to tenant?
Rookie question, hope someone can help. I received a letter from the HOA about a violation of the rules - there is an oil spill in the property driveway. I got a $75 fine and need to clean up within 2 weeks. Is it leg...
Keith Belzner
Tenant / Buyer does not exercise option, now what?
Hi BP, Searching around but have not been able to find an answer to this question:For example I get property from seller with a L/O and then sell the option to tenant/buyer for my fee then get out of the picture. Aft...
Justin Conza
Wholesale Lease Option Paperwork
Hi, My name is Justin and I'm a newbie to REI but I am very eager to get started investing. My background is in IT as a Systems admin and I've had my hand in a lot of other smaller business ventures. Now i am really t...
Angela Carter
Double closing disclosures?
I am in the process of selling an REO. My attorney says that NO disclosure is needed for the seller because this is not a short sale. It is none of the banks business what I intend to do with the property once it is s...
Mark A.
What to do with tenant complaining about cleaning?
Just had new tenants move in. We fixed it up and painted it. Sweeped and mopped the floors. Cleaned the floors and fixed everything that needed fixing.The tenant comes in to sign the paperwork and loves it. Within a w...
Andrew Simms
Guest Complaint - Disclosed in Listing - Advice Needed
Hi all - our mountain cabin is in a spot where that is severely lacking for internet options and cell signal. We disclose this in our listing as seen below:From our listing:Internet is provided; however, it is spotty ...
Jennifer McPherson
Attorney to help with Fraudulent Apartment
Ok this is a long story so I will make it short... we live in CO, my 20 yr old was going to go to college in TX. She (and me as her grantor) signed a lease at CEV Canyon student apartments. She later found out the sc...
Drew Clements
Disclosure Requirements for RE Agents Engaged in Wholesaling?
I'm working on getting my RE Sales Agent license here in Utah and I also have an interest in wholesaling. The topic of disclosure requirements for agents engaged in wholesaling surfaces every now and again, but there ...