Troy Welch
Legal Advice-1st Position Lender, Borrower Filed Ch 11 Bankruptcy
I have invested a large sum of money with a company (individual with
LLC) who has filed chapter 11 bankruptcy. I am the 1st position. I was
prepaid 1st 6 months of interest. 8 months have passed and no
additio...
Scott Miller
Non performing notes
Can someone help explain non performing notes to me?
Just have a general interest in what they are, how they work
Have you had success with them? Horror stories? Success stories?
Please feel free ...
Allan Smith
Florida Law about Security Deposit
I have an apartment that was rented by a tenant and there's some minor damage (approx $100 worth). Do I need a licensed and insured contractor to perform the repairs or can it be a handyman that I know and trust but d...
Slavik Lund
Example lease FROM ALASKA
Hello,
This is to reply to a previous post as well as information for others. This is the lease that I am going to use when the previous lease expires. It has been revised by my attorney. All comments, concerns, o...
Joseph Torres
REI startup company?
So, I’m not entirely sure where to start with this question so I will just jump right into it.For a while I have wanted to be a Real Estate investor. The hunt, the find, the returns, all excite me to no end. That said...
Charley F.
Security Deposit: Tenant Moving
Greetings all. My first tenant have move out and I have assessed the condition of the property. Now it has come the moment where I have to place a value that will be removed from the Security Deposit.
Overall the pro...
Jamie Parker
***I have some offerings, Can you fund it? **
Hello, “My name is Jamie Parker with JPC,LLC , I am interested in speaking with you about your property @___________________If you are interested in selling, I’m interested in reaching an agreement. Let’s discuss opti...
Nate J.
Hypothecation/Collateral Assignment of Note. Realistic Terms?
What type of terms can I realistically expect for a Hypothecation/Collateral Assignment of Note/Deed of Trust? (loan against my dot/note)$50,000 1st position deed of trust/note (only lien on title)Secured by $450,000+...
Brennan Vaughn
Current tenants staying with rent increase - Security deposit?
Just acquired a 8 unit. 7/8 tenants are staying with a 15 to 20% rent increase per door. New leases will be filled out. Should I have the tenants drop another security deposit for the new 1 year lease agreements even ...
Jeff B.
Why non-performing notes?
I can understand investing in notes backed by real property.I can't understand intentionally buying a non-performing note.In either case, the only security is a position in the foreclosure queue, but unless you're in ...