Tim Walls
Buying an unlisted Bank of America pre-foreclosure
There is a multi - million dollar property in my town that I have had my eye on for months. The owner just went to jail (long story) for 7 years, and I know that the bank is going to foreclose. But I don't want to w...
Ceril S.
Are property managers necessarily seperate from investors?
I'm a newbie so.., forgive me if this is a silly question. I feel like there is a lot of talk about being your own property manager and a lot of talk about property managers as seperate entities, but are there investo...
Jon S.
Security deposits, 1st month, last month?
Do you charge first month, last month, plus 1 month rent as security deposit? Or do you just charge first month rent and one month rent as security deposit? Pros and cons? Thank you
Raphaela Todd
Taking over loan payments from on a FSBO Deal
I have learned that one method of creative financing is to simply "take over" the loan payments on an FSBO deal. Exactly how would you do this? What specific contract could be used for this situation? Would the s...
Account Closed
buy lake lots and build
I am planning on attending a land sale for lake properties. The sale is being run by a land holding company. All of the lots are guaranteed buildable with no time limit. The lots have underground utilities and will b...
Jason Cunningham
Best Practices - Lease Terms - When should tenant be late?
Hello everyone,I was curious what best practices are for the lease terms regarding when a tenant becomes late or delinquent. The California CAR form defaults to 5 calendar days after the due date.Thanks!-Jason
Jordan R.
Should heat billl be a deal breaker?
Looking at a triplex and the only issue is the current heating bill (Electric Boiler and electric secondary). There are two one-bedroom and one two-bedroom. The current owner pays for heat. This property cashflows in...
Richard Huynh
Credit Checks Canada
Hello Everyone,I was wondering what types of credit checks are available in Canada. With the recent news of Equifax - should we still be using that company or is there any others options that match what Equifax does?...
Account Closed
Developers or Others Please Share Your Knowledge -Detention Pond
Hi All,
I hope someone can share some light on this huge issue that I am dealing with and some of the neighbours too. I live in a popular location (Edmond, OK) that has exploded in the last two years with housing de...
Julio Gonzalez
Commercial Real Estate and Property Tax Regulations
If you own commercial real estate property, you are probably well aware of how much property taxes can eat into your profits. Finding a professional that understands how to help you minimize your tax liability while a...