Aloha,I sold my condo in Waikiki on August 5th and the Property Management HOA requested that escrow withhold an amount about $20K in excess of what they should have. Escrow responded that this seemed incorrect and as...
Hello I recently split a single condo unit in a triplex for 64,000 (32,000 for each party involved). The house is appraised at 93,000 and I was wondering how I would determine how much equity I would be able to pull o...
Hello,Im from outside USA and I want to start investing in multifamily real state. I found a company that does basically everything for foreigners and then charge 10% of the rent. They opened an LLC for me and sent me...
I understand what seller financing is, but how do you set it up? Is there way to have a 3rd party keep up with the loan amorization? I'm worried about future disagreements that could arise if it is just the seller &am...
The tenant suddenly stopped paying rent, claimed 'banking glitch' and squatted for 6 months while we worked through the evictions process. The court ordered the tenant to pay back-owed rent plus interest. 2 years pass...
Deal is ready to close only being interrupted by not able to locate owner of the entity 50% belongs to it 50% owned by lady I have property under paperwork with. Attorney working on the sellers end cant locate the reg...
Is landlord able to get access to police reports to find out about illegal activity on their property? Someone overdosed on a property in my neighborhood. 911 was called and ambulance came and took him away. Will poli...
How often has an item come up during underwriting, or due diligence and you have to track down a million contractors to try to get pricing for that work that needs to be done? Have you used a contractors pricing, then...
Why does one of my sellers keep asking to meet at the recorder's office to do our deals? What does this suggest about the deal?Why isn't he setting up an escrow account?Thanks.Mike
Investment Info:
Single-family residence other investment in Nashville.
Purchase price: $250,000
Cash invested: $5,000
Sale price: $350,000
Closing at a Closing! Made a deal with the property own...