Jared B.
How do I secure Hard Money...(the details)?
I can't find a definitive answer on these questions. Please help.
I want to purchase an REO property at about 70% market (accepting cash offers only, as I understand it). I have $22k (13%) down and the loan would ...
Taylor Phillips
H03/Master policy for townhomes
I own an attached townhome in a coastal area and the exterior insurance is covered by the Hoa master policy. Premiums have increased substantially for the coming year for the HOA master policy that covers the common a...
Joseph Stelly
Money from a friend.
A friend of mine wants to lend me money to flip and I need help on how to structure a deal with him. I currently buy and hold and ready to flip. What needs to be done to be fair to him and me? Maybe someone could w...
PK Adi
California rental lease early termination notice period requirements
Hi,My tenant signed an year lease for the period 07/01/2023-06/30/2024 but gave me a lease termination notice on 07/23/2023 without moving in stating financial reasons. They want to terminate the lease on 07/31/2023.T...
Eric Hrlbock
Statement of security deposit end of tenancy
Hello all,I am a New York landlord that has to charge his first security deposit to bring my rental back to rent ready. The tenant didn't totally destroy the place.But in one year they did more damage than people tha...
Xuan "Swan" Redding
Private Notes: Lump Sum vs Demand
Hi BP,
I am putting together hard money investors to fund flips. To protect everyone involved, we will be writing up notes for the loans.
I see on LegalZoom there are 4 types of promissory notes:
Amortized, Balloo...
Joshua Ibarra
How to make this deal Happen??
Hi BP! How can I make this deal work? I've got a property under contract for 250K here in Kansas City. I have a private lender who is willing to lend up to 65% of ARV which should be when all done, 400K. Total rehab c...
Daray Olaleye
If a Tenant breaks a lease with a few months left...
Hey Gang -I've been having some turnover in some of my units as of late (which is always fun - haha). My most recent notice was from a tenant looking to break their lease 5 months early. I'm pretty lenient on security...
Blake Garcia
Tenant leaves early, unit trashed
I have a tenant with a 12 month lease. He has paid for current month and calls to says he's leaving 8 dats into his month. I told him to send a 30 day notice. He sent an email with 1 day notice. He broke the lease by ...
Raquel D.
Tenants moved out and let someone else move i n
Hi everyone,I have a 4plex in Bloomington, and I was recently told that a tenant moved out without notice and let a friend or family member move in. Old tenant is asking me about their security deposit; new resident ...