Matt M.
When do tenants sign lease renewal?
My first two properties are coming up on the end of their initial 1 year lease date. Thankfully both tenants have turned in their 60 day notice indicating they wish to renew for another year. After researching lease a...
William Morgan
Delaying the Effective Date of a contract
Our CA company routinely offers property for sale on the MLS. The way it normally works is;
We sign a Purchase agreement with a seller. Change the "Active" status to "Active under contractWait for the Buyer to sub...
Eric Bauman
list source
Hi,
When you guys use list source for notice of default, in the preforeclosure section, do you use recently added or foreclosure effective date. I called core logic twice and one guy said recently added was bette...
Jonathan Rivette
Removing a Tenant from a Lease Urgently (While Roommates Stay)
Hi, I have a house with a husband and wife and two grandparents. The husband is moving out (and unfortunately getting a divorce) while the remaining family members will stay and carry out the remainder of the lease. I...
Deborah Tuck
Lease option vs seller finance
I have a property apx 50% lvr. Bought with a private loan from my dad. Habitable, but needs some rehab. I hate being a landlord, need some cash up front, but want to look longer term than wholesaling or flipping.
My q...
Ebahi Ejerekhile
Is it to late to buy this type of property?
I'm selecting my criteria for a list and came across 'foreclosure effective date". This is described as:The foreclosure effective date represents when an official legal document or action is accepted by the county ...
Robert Murphy
Flood Insurance Reform 2018 - Will the NFIP Lapse?
People with Bigger pockets that have active deals going and are buying in a flood zone that requires the purchase of flood insurance.In the unlikely event that the NFIP does lapse, you should be aware how it will affe...
Scott Bartlett
Transferring properties to LLC
We currently have three properties that we plan on transferring to our LLC.
The problem is, we just filed for our LLC here in Ohio with an effective date of 1-1-2015.
Does that mean I have to wait till the 1st to tr...
Linda West
Contingency Clauses - Financing + Inspection
preparing to make offer on an out of state property and unsure about how to word/handle financing and inspection contingency clauses. I want to protect myself in the event I can't find decent financing (asking $1.2M) ...
Peter Botz
LA RSO deal: Lease says 3 people, 7 live there - can I raise 40%?
Can I raise rents 40% for the 4 excess people, or will some judge somewhere say I bought the property as-is can't do that.