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I read the following article tonight:
Strategic Default or Efficient Breach?
that speaks about the supposed "moral obligation" to continue making payments on an underwater mortgage. The article generally jives wi...
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https://q13fox.com/2020/02/10/seattle-city-council-unanimously-votes-to-ban-evictions-in-winter/Thoughts?
Hello everyone,
First I must thank J Scott for the business plan template that he's made available through his website. I spent about 8 hours yesterday on it, but thank God I finally have a great business plan and the...
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I have a child hood buddy who is struggling with his life. He is 24 living with parents and is working as a pizza delivery job. He got his masters in Psychology 5 months ago but is having issues finding a job. His par...
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I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
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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...
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Hi all,
It seems to me that everyone I've talked to is waiting for the bubble to burst. Investors, people who are trying to buy their first home or people who want to trade up but can't right now.
If the market drop ...
Hi everyone - first post here after visiting and reading the forum for several years. Looking for advice on a deal I'm already in on. I'll try to be as concise as possible.
Loan is in the State of Texas. 1...
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Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
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can anybody tell me what are the documents involved in a sub-2 deal and if there a place to get them , maybe share yours . thank you in advanced