In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
A lot of people might disagree with my decision, or question it. But I am leaving a family business that I have been a part of for the last 6.5 years. I finally gave a months notice last week. This has been debated in...
I was curious as to how licensed brokers (in California, or anywhere similar) handle fee splitting when buying properties for themselves. Presumably as a broker/agent, if you present the selling agent with a buyer, yo...
Hello CTC,
I have a concern. I recently had a short sale approved in California through B of A and the buyer wants to close asap. I got a letter from B of A stating "BAC Home Loans Servicing, LP...
I'm sure there are a few posts for this floating around, but I wanted to bring it up again and open up some ideas.
How do YOU get the banks to accept your offer, either short sale or REO?
My first (and only, to da...
As many of you know, Proposition 10 is on the ballot for November, and if passed, it would repeal Costa-Hawkins which significantly prevents individual cities from imposing rent control. It is shaping up to be a majo...
Hey, and thank you in advance for reading my post. I have been reading these forums, listening to podcasts and reading books for the last two years on REI. I just recently finished my residency and started earning a m...
Hello my Santa Clarita Valley People!I wanted to see who lives in the SCV to start a network program if possible.And if you are from the valley area (Granada Hills, Sylmar, North Hills, etc.) feel free to reach out!Ho...