Nicolas Pretelt
Extending Sheriff Sale, Auction, Broward County
Hi all,
I put a property under contract last night but it is suppose to go on sheriff sale This Thursday 06/27. How can I get the bank to hold/extend the sheriff sale, in order to do all the title work and closing?
...
Chuck Prime
I have a way around funds-proof requirements - BUT...
For wholesalers, here's a way around funds proof requirements on those shortsale/REO deals - IF you know your buyer.
Use a standard Addendum and add him as co-buyer on your original purchase contract. Now you're both...
Aaron Moayed
Tax Questions - Building Spreadsheet
I'm building a spreadsheet, and I'm stuck on a part I'm not quite sure on:
Basically, I'm asking if dividend recapture amount is realized only if there's a gain on sale, and if it's dollar for dollar (e.g., $1,000 i...
Miko Lee
New Landlord - Complicated Parking Situation
Hi all,I recently bought my first small multifamily (two buildings - duplex and a single family). I only inherited tenants from one unit. Two other units are currently vacant. So, we have three units, but only one gar...
Erik D.
Providing Earnest Money Deposit for a Syndication
Hi all,I have recently been asked to provide the earnest money deposit for an apartment syndication, 120 unit apartment complex, in exchange for GP share of 3.6%. EMD would be $150k.So far everything has been verbal o...
Wes M.
Scheduling Showings with Tenants in Place
I'm curious if anyone has any preferred methods for handling showings while an existing tenant is still in place. We have two properties that we are leasing up at the moment and coordinating showings with potential te...
Trudy Smit
short sale question about disclosing offers
Can someone shed some light on what is the CA rule or protocol in the following Short sale scenario?:
Buyer 1 has an executed contract for $380,000, meaning Seller accepted the offer and offer is being presented to...
Tom Harkins
How do you use SOPs?
My day job involves launching and operating satellites, so SOPs are near and dear to my heart. We basically don’t go to the bathroom without a procedure.
I am still new to real estate investing as a landlord, current...
Nad Oli
Helping my tenants sue their previous management company , suing the seller.
Hello,
I am seeking help with a situation involving my tenants and their previous management company. I recently purchased a duplex, and the previous owner had employed a property management company. One of the apart...
Anna L.
Terminate contract with property management
As a first time rental property investor with long distance, I made many mistakes.Recently, I realized my management company over charged me a lot even though with minor issues and suggested some installation which is...