NA Poteau
Rental Proceeds to someone other than owner of record - third party
We've been asked by an owner to deposit net rental funds into a third-party account that is not in ownership of the rental property. Is this allowed? Who gets the 1099?
Tricia O'Brien
Tenant's Renter's Insurance- Interested party same as additional insured for me?
Hello! I have a new tenant moving into my California rental home in about 24 hours. On his " Renter's Policy Declaration" with Lemonade Insurance, he has me listed as an "interested party". I asked him to list me a...
Joel Adams
Providing a Building Loan to an Unrelated Party from a SDIRA
I originally posted this in the Lending forum, but after reviewing, I believe it is more appropriate in this space.I own a bare parcel of commercial property in Montana that is unencumbered. I have a buyer that would ...
Joseph Hernandez
Which Party has Authorization to delay a pre-foreclosure auction date?
I'm getting conflicting answers. Who do I contact to get an auction date extension, the trustee or the lender? Thank You.
Ashley Wolfe
When both parties are in default and one threatens legal action..
Ok, the long and short of it is this:My husband and I were under contract for a SFH. During that time we submitted a repair addendum and the seller agreed to it in full.In the meantime, we were getting our loan final...
Jonah Richard
For folks with 3rd party PMs, how are you handling bookkeeping?
Some context:My PM uses Buildium. Each month, I take the income & expense report generated by my PM and manually enter it into my bookkeeping software (just Excel) alongside other expenses (mortgage, landlord-paid...
Richard Alvarez
Tenant Bankruptcy -- delaying w Skeleton Bankruptcys -- 3rd party taking over space?
I need help and hope someone has tried this before. I have a tenant that has not paid for over 6 months rent (becoming dire), they continue with first a Skeleton Bankruptcy, followed by not completing the paperwork pr...
Rob Rey
Can two parties in Massachusetts do a Closing without an attorney ???
Question:
Hypothetical situation
A House in Massachusetts exist owned by same person since 1952, there is no mortgage or Liens on this house, as far as I can tell from checking Registry of Deeds records
The Buyer, ...
Brian Ash
Looking for third-party software that creates reports w/ MLS data
There's a tool that I found which allows you to add your own logo, contact info, photo, etc. and provide the report to clients. The report shows market activity for current year month vs. prior year month.However, thi...
Frank Underwood
Non-real estate professional in Asheville NC late to the party!
I'm an accidental landlord and REI in Asheville, NC; very fortunate to acquire a great duplex in West Asheville for my foray into the REI space. I continue to pad my social security contributions full-time with the ho...