Tony Miranda
Escrow extension or Rent agreement?
Here is the situation, we have been in escrow for over thirty days and against better judgement i agreed to extend the escrow by 7 days. We are currently four days into this extension and they are requesting more days...
Steve S.
Need suggestions on how to deal with burnt out light fixture
In one of my more high end rentals, I'm dealing with a burnt out socket on one half of one of the 2 master bath light fixtures.There are two fixtures with 2 lights each.What would you recommend? I would assume I will ...
Alex Castillo
Destruction of Premise, How to evict?
Carpet is damaged, couches were destroyed, and all other tenants are complaining of fleas. In the lease agreement
we have, there is a section for "Destruction of Premise". How can I proceed with the eviction on thes...
Dais Yoshimura
STR and Airbnb Opportunities in NYC
Hi everyone,This is my first post since I started lurking BP last year to wrap my head around the notion of real estate investment. Given the market circumstances, I've been cautious about how to take my first step in...
Account Closed
Are assignments legal in Los Angeles?
Hello, I recently went to a RE meeting where they said that assignments and double closes are illegal in California (Los angeles), but I sort of don't believe it. Do you need to buy the property first, and then sell i...
Roxxy Marshall
Contracts
What are some contingencies and exit clauses to include in my PS and assignment contract to protect myself? I am looking to create them myself then take it to an attorney in my state (Delaware) to review. Can someone ...
Blake C.
?One Step at a Time
For the past two and a half years I have become focused on increasing my real estate activity and investment. During that time, I have been rather silently soaking in Bigger Pockets Blog articles, forum conversatio...
Kyle A. Isaacs
Repairs added to sales price
Good evening BP community! I'm running into somewhat of a dilemma while making an offer on a SFH and wanted to throw it out to the community. Essentially, my agent and I valued a property (based on comps and psft) to...
John Oitice
listed house that i feel i could get much cheeper with dealing directly with owner
ok so here is the story there is a sfr in my target area listed for 105k needs tons of work and was built in 1860 so updating is a must the comps are around 220 and taxes around 8k now from talking to the owner direct...
Samuel Fletcher Hardy
How to break a lease?
Hey guys,I have a tenant that has asked to be let out of his lease, I am ok with it because he is consistently on rent and has broke 3 of his 4 windows in his apt. He agreed to forfeit his deposit in order to pay this...