Mindy Jensen
What Happens If My Private Borrower Doesn't Pay Off The Loan?
I made a loan to someone last year. They have always paid on time, but asked for an extension. I extended 3 months, but am not comfortable extending further.What are my options if they simply cannot pay the loan back ...
Justin Goodin
👋 8% preferred return, doesn't mean you receive 8% any year.
Truth: An 8% preferred return, doesn't mean you receive 8% any year.The preferred return in real estate syndications alludes to the precedence of limited partners receiving a specified return, BEFORE the general partn...
Kevin Lefeuvre
Airbnb doesn't let the hosts check picture ID of the guests
I have been asking for photo ID, it's written in House Rules, listing, everywhere... and when they refuse, I let them cancel within 24 hours with no penalty.In a recent case, the guest complained to Airbnb, who backed...
Dale Viljoen
What happens if your loan doesn't get approved within time frame
Currently I am learning real estate in terms of the purchase of the property and everything involved with it. I have currently read that most conditional periods sit at around 10 days from the day the signed offer (wh...
Aaron M Wilson
My Mom Loves Me But She Doesn't Send me Any Business!
How many of you can resonate with that statement? Over the years what I found is that people don't refer business because in most cases they don't really understand what a referral looks like. That's why its so impo...
Account Closed
Tenant lease up. New roommate. Doesn’t want to be tied down.
Okay so here’s the deal. My tenant’s lease is up and he’s going to need a new roommate for the two bedroom. He’s a good guy. Responsible. Well employed. I’d love to keep him. The trick is, he doesn’t want to be tied d...
Jason Pitre
Wholesaling a manufactured home, but the seller doesn’t own the land.
Whats up BP!Sort of in a pickle guys. This is my first deal, and I’ve come across an obstacle that I’d hope someone would have an answer to. I’ve been able to drop the offer price from $65k to $30k. Another property (...
Mike Franco
There still doesn't seem to be a good flooring for rentals
... except ceramic or porcelain tile.I've been researching what to replace the remaining bedroom carpet with, and I've been looking for an alternative to labor-intensive ceramic tile.This property has a concrete slab....
Primrose Nyahwai
Tenant doesn’t want to move out & demanding 6mnth lease extention
Hi Everyone,I really appreciate all great pieces of advice you’ve to give here and I already regret for not asking sooner. So, I got my first and only property in 2019 - it’s a 2 bed 2 bath apartment in Jersey city wh...
Ronald Perich
Being a licensed agent means the law doesn't apply to you?
Let me preface by saying I have a genuine interest in the answer and I'm not trying to stir up the passions more. I'm really just trying to understand where my logic is faulty.Here's the scenario.The big thread right ...