Andrew Duna
The Actual Steps When Purchasing a Property
Hi BP I wanted to make this post in hopes of helping people understand the nitty gritty little details involved in the transaction of a property.
I did a preliminary search to see if there was a post like this but m...
Tom Gimer
The Due on Sale clause (DOS)
This issue gets mentioned a lot on this site.Here is the "standard" DOS clause :------18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, “Interest in the Property” means a...
Loren Johnson
HUD property purchase
I have an accepted offer from HUD to buy a HUD owned property in Texas. My offer is a cash offer. The property has been vacant for two years and has HOA liens on it. My agent has told me that HUD has been unresponsive...
Cali Skier
Switching tenant to M2M and raising rent $50 - Is this how to?
Hey so I am going to switch some tenants to month to month and I think all I need to do is use our states Lease supplement form and say something like this:The lease of the property on XXXXXX St. City State, is now mo...
Abel Gudaye
Prorated rent question
Im a little confused on prorated rent, I'll be grateful if someone can reconfirm this for me.
Example Commencement date June 13, 2019 and Expiration date June 30, 2020
prorated rent: on or before July 1, 2019 is 1,2...
Arnold Finkelstein
Alabama Tax Deeds - Too Old?
Is there any kind of statutory or other "expiration date" to un-purchased Alabama Tax Deeds? I seem to recall Denise Evans mentioning one in her book but I'm unable to find where I read it now. What is the earliest ...
Amy Checker
Should I serve a 7 day Pay or Quit?
Hello, I have a SFH in Covington on a month2month rental, and because I need the property back - I served them a 30 day notice about 2 weeks ago. My work is transferring me back to the area, so I intend to live in th...
Wendell De Guzman
Is Wholesaling HUD Now Illegal? 3 Wholesalers Indicted!!!
I found this news article that every wholesaler SHOULD read:3 Wholesalers Indicted for HUD Flipping I emailed this article to my attorney to see the actual ruling and advice me if wholesaling HUD is truly illegal now ...
Jessica Chow
1st prop bought! Now what to do with tenants?
My husband and I are about to close on our first rental property in Lehi, Utah! We decided to honor the current lease, which is up June 2018, and now we are trying to figure out what to do next. We are out of state an...
Larry N.
Email and Text Marketing Campaign for Lease Option and Terms
Hi,I've noticed that most FSBOs are not receptive in doing a lease option or terms type deal.Some say don't use words like "lease option, lease purchase or rent to own" with sellers because a lot of sellers really don...