Jeff Peterson
How much to offer Cash for keys
I have a bad property I want to get rid of and need to get the tenant out and am thinking cash for keys would be a faster and more cost effective than going through the eviction process. If I get to this point after ...
Shin Bo
Terminating a long time commercial tenant - etiquette?
Hello everyone,We purchased a commercial property about 5 years ago and inherited a commercial tenant who has been kind of a pain in the butt and we do not wish to resign the tenant when their lease expires at the end...
Jordon Doddy
Legality of Home Purchase with Tenants on Current Lease
Hi Everyone!I am currently considering purchasing a duplex in Asheville. The current landlord has both sides of the duplex rented. The original lease had them on a year term which has since expired. The original lease...
Steve S.
How often do you check your rentals - smoke detectors etc
Do you do this yourself? How frequently?Do you pay to change out ac filters or expect tenants to do that? How frequently?Do you provide fire extinguisher in each rental?I’m trying to think of any opportunities I hav...
Rahul Gupta
Tax lien Certificate to Tax Deed steps
Hello, I wanted to find out details about steps needed to get the Tax deeds after winning tax Lien certificates at an IL County Auction. From what I understand so far is the steps below:1) The rules and procedures are...
Steve Gardner
California residential lease cancellation
Good afternoon!I have a rental home with a resident that has previously signed an annual one year residential lease agreement extension based on the original lease(2006). This year on January 1 (2017), I sent certifie...
Laurenda Landry
Foreclosures in Texas
Hello,I was searching the courthouse website and I came across several properties with foreclosure civil actions. Does this in fact count as preforeclosure? At what point of the foreclosure process is it no longer leg...
Daniel Pena
What to do about contract issue?
Hello BP,
I have a property under contract and everything was moving along smoothly until my bank notified me that the property was zoned commercial and they would not lend on it. No big deal as I was still within my...
Mike D.
Early termination fees on mortgages
My mortgages have an early termination fee equal to 2% of the loan balance if the loan is moved to another bank. Do banks generally charge the fee if you've been good long term customer?
I want to roll everything in...
Christopher Vlacich
Mixed-use, redevelopment with affordable component
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Cash invested: $3,000,000
I am in the process, with development partners, of re-developing an assemblage of properties tha...