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Tenants falisifying receipts
I manage several properties for out of state investors, story is I recently left this client and while straightening out the loose ends he calls me and claims I embezzled $200 by collecting part of a security deposit ...
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tax consequences for deed in lieu
I have a friend who is asking me about deed in liew of foreclosure... everything i have read states that some lenders reject these and if they do accept them there are tax consequences in the difference owed - similar...
Malika Mukhamedova
When okay to waive inspection contingency?
For experienced investors, in what cases it is okay to waive inspection contingency? Market is so hot like everywhere that we keep hearing agents recommending us to do this for houses that are not in horrible condition
Nicholas D.
Home Insurance (ACV vs. RCV)
I'm hoping to close on a duplex near the end of this month for 50k cash. The area is lower income, and many of the homes are older (1920-1940's). This property is no exception, it's believed to be built in the 1920s.
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Roshan K.
SmartMove First time using; have questions
Hey everyone,Got a question for you guys about SmartMove. So I sent out an application for SmartMove for my potential tenant to be screened. After I put in the address, rent, and security deposit (and my CC details), ...
Al Kirk
Lease Option and Insurance
I am in the middle of closing a deal on a lease option agreement. My question is, after the agreement is signed, do I need to purchase any kind of rental or home insurance to protect myself of loss?Couple of facts:The...
Maria Vogel
Insurance claim during a sale
I have a rental house I've been trying to sell off and on for many years. There was issues with the roof (shingles blowing off) so I filed an insurance claim. It's been over a month but they finally got back to me say...
Mason V.
how do you protect a private lender?
I am trying to think of ways to creatively finance a rental property with three tenets. One of the tenets is a doctor’s office while the other two are residential. One of the things I have considered is acquiring a pr...
Michael Soriano
Help need bank to drop promissory note for short sale!
Hello Group,
I have a short sale that was approved, however the bank (via pmi) is asking the home owner to sign a promissory note of $50k. The negotiator told me that we have 2 choices either the seller signs the ...
Richard Morency
third party authorization form
Does Anyone have a good letter to send to the homeowner so a third party authorization form can be signed so I can do a payoff.. thanks all help will be appreciated