Steve Garcia
AIrbnb booking to lease request.
Hi! I recently received my first booking on Airbnb for a 31 day stay. The guest is relocating from out of state and is currently in the market to buy a home. That being said they want to extend their stay with a lease...
Kevin Reinell
Lender not allowing construction loan extension
I’ve been working on converting a single family to a multi using a construction loan. Lender has extended the loan twice already penalty free of any fees. Now we’re right at the finish line with about two months of wo...
Shayne Brescia
GSA Auctions
Has anyone had any experience with a GSA Auction that has been extended and they dropped the starting bid to $10k? Can you actually win the bid at $10k?
Samson Tefera
Hard money and concern
I took out a 1 year hml on my second flip, thought the project would take 3 months to complete, instead it took 6 months and I will be listing the property for sale shortly.I am concerned as to what would happen if I ...
Serge S.
$30B in CMBS coming due this year
Interest article. $30B in CMBS maturities coming due:By Craig M. Douglas and Corina Vanek – Phoenix Business Journal8 hours ago
The last time the U.S. economy was in crisis, terms such as “jingle mail” and “extend ...
Chris Ufomaduh
Need Help on a flip house deal gone bad!
I bought a flip property in Houston, located in the 77063 zip code. Rehabbed it from the underground plumbing to the roof, everything is new. Had set backs from the City on get permits so I lost 6 months and the marke...
Chris Seveney
Is this the last moratorium extension
What are peoples thoughts on the latest moratorium extension? Do you believe it will be continued Until end of year which would inevitably push it until 2022 or do you think this will be the last one?
Tommy Dians
Is using a lease addendum to extend a lease ok after expired term for a M2M Tenant?
Hi all, I usually just make a lease addendum when extending a lease, but due to the economic situation of a tenant the original lease term expired about 2 years ago and we have been month to month since then. Even th...
Kenia Crevoisier
COVID-19 1031 Exchange Deadline Extensions
On April 9, the IRS issued Notice 2020-23, extending a variety of deadlines, including 1031 deadlines. Although the Notice is confusing, because it is not written like the typical Disaster Relief Notices, this Notice ...
Sam Cannata
1031 Exchange Extensions
A situation arose with a 1031 exchange I am in the middle of in Denver, CO. Here is the timeline. 1031 started Jan. 2nd. Identified a property and closed Feb 26th. Gave the existing tenant 29 days to vacate the proper...