Alec LaBounty
Dealing with an unorganized HOA
So, long story short. I purchased a home in 2018 with a HOA. They had changed management a few times, and are now self managed (yikes). On top of changing rules regularly, and threatening fines for rules that were cha...
James W.
Property manager gave rent checks to previous owner!
I recently purchased a commercial retail building which closed on 12/31/2012. It was a normal purchase using my broker and a standard AIR contract. I kept the original property manager to manage the building.
My fe...
Seth S.
Refusing to sign cancellation?!
Hey guys! Looking for some advice on a weird situation I am in. We made an offer on a SF home and had until the 24th of Jan for due diligence. Hired an inspector; got results; took out big findings and sent them to th...
Matt Mitchell
purchasing off market properties as a licensed Real Estate agent.
We are in the process of drafting a purchase contract for properties we find off market. We will primarily be holding these properties for our own use, but may on occasion sell (wholesale) ones that do not meet our ...
John Barry
Deed Couldn’t Be Recorded?
Looking for some advice. Recently found an off market opportunity....I work on the side for a developer who bought a house about a year ago (he owns a large sqft area adjacent to the house and bought this particular h...
Kamal Elqutub
RE License and Conract
So I have 2 questions regarding wholesaling:1st: When I contract properties to wholesale, I always put for my name "Kamal Elqutub and/or Assigns". By doing that I have lost some deals because the seller or agent did n...
Account Closed
Wholesaler from Michigan
Hey! my name is Jamiel Strickland. 22 years old and just starting offWhile studying economics and business management at the University of Michigan-Dearborn, I also played collegiate level basketball. I am an avid rea...
Nathan Frost
Landlors Lease Protection
Hi,how can I word in my lease that the tenant can't sue me or releases the landlord from any court fees if the tenant were to sue? I have an umbrella policy which I think is better than an LLC but how can I protect m...
Kevin M.
PA Association of Realtors Form Lease. Benefit to use?
I notice a lot of property managers in my area (Philadelphia) use the standard form lease approved by the PA Association of Realtors (PAR). My company uses a personalized lease with many additional terms that address ...
Robert Ashton
Is this typical in property management contracts for retail investors?
Is this typical in property management contracts for retail investors?
General Contract Language
- Broad language allowing PM to receive and collect fees from tenants so long as it doesn't explicitly conflict with s...