Fan Bi
Seller Still Occupying Property at Closing
Over the course of the past few months, my wife and I found, inspected and financed a triplex in the Providence, RI area. The final walk-through was scheduled for 9/9/16 at 9am, with the closing at 10am. When we arriv...
Leo Poon
What scenario classify a deal as syndication or partnership?
Hi BPers,I want to know what kind of deal set up would classify as a syndication deal or a partnership deal. I have friends who are committed to invest in real estate deals together, but I don't want to get into SEC r...
Graeham Ford-Feliz
How to temporarily reduce rent until lease expires
My property management company left things out of the lease and the tenants filed for mediation and are asking for below market rent.It hurts, but I'm okay taking the hit on the remaining 6 months of the lease, but wa...
Nick Proffer
Family law/real estate problems
Sorry in advance if this sounds confusing...and it is, because I haven’t been able to find a lawyer to help me with this case.I was signed power of attorney and beneficiary deed over my great grandmother and her prope...
Wendy Brown
Legal Advice Needed: One member of the lease gave 30 day notice after 13 months... remaining tenant moved out owing rent.
18 months ago I rented to an unmarried semi-retired couple. They both signed the one year lease. 13 months into the lease he needs to move out of state to care for his elderly Mother. He gives a 30 day notice and tell...
Roy Williams
Chapter 7 Question
Hello everyone. I own 9 lower income rental properties which I bought 6 years ago. It turns out that low income properties are not the way to go and a long story short is that most if not all are under water and not...
Orlando Goodon
Can anybody help me with my first cash for keys?
I have a 5 unit with only one tenant paying rent and I would like to try to do a cash for keys deal. I've been struggling to find legal representation because all the attorneys are apparently horrible.has anyone done ...
Sean McKee
Cook County Eviction
Hello BP!So I have a tough decision to make on whether or not I want to evict a tenant. Background:Tenant is a single mom with 3 kids. She put down a 3 month security deposit. She has never been a good tenant. Has a s...
Leslie Lovelace
HELP! Legal question on specific performance
We had an active purchase contract on our home with buyers who were paying cash ($495k). However the night prior to closing, my siblings placed a memorandum of interest on our home. (Another long story). They indeed h...
Osazee Edebiri
Found Money, How do I Accept It
Hi BP,I am working on the Brrrr strategy right now and I have found a few people who are interested in being private investors for me.The part I am confused on is I have been told that we just go to an an Escrow Compa...