Bryan Hancock
"Bring To Date" Termination and Reconveyance Agreement
So I am working a deal where the lender didn't give sufficient notice at auction at the beginning of the month this month. The buyer at the auction signed a Termination and Reconveyance Agreement when we threatened a...
Steven Cousler
Foreclosure Process
Live in NC - home was auctioned at foreclosure sale on Sep 9 and winning bid was placed at 147K for balance owed of 128K less deliquent payments and legal fees.
Have not received any eviction notice from the mortgag...
Michael K
Improper Dues "Adjustment"?
Our BoD recently "adjusted" our annual dues for 2009 and gave the Members 30-day notice to pay the "adjustment".
Our governing documents allow our BoD to raise our annual dues a maximum of N% each year with 30-day no...
Barshay Graves
Inheriting Tenants
What is the best way to go about the transitioning of the lease and rent payment?
Wendy Black
Bank of Scotland's Dire Warning to Sell Nearly Everything
The Bank of Scotland has warned 2016 could be a financially cataclysmic year. Would like to hear from BPers with significant expertise in this for your opinion.Here's a link to the story:http://money.cnn.com/2016/01/...
Jared Baker
Removing an Inherited Tenant
Hello BP,I'm closing on my first triplex at the end of the month here and the one thing I would like to do as soon as I close is get one of the existing tenants out. They are on MTM and after looking at the unit its ...
Kevin Bevillard
Security Deposits when Inheriting Tenant
Hi BP community, I am about to go (hopefully) under contract on a duplex in GA with a tenant in each side of the property. Both tenants will be there on the closing date (one is month to month and will be given 60 day...
David Rivera
How to go about using an FHA on fully occupied duplex or triplex?
I want to buy a duplex or triplex. I am running into properties that are fully occupied. Some are with leases and others month to month. I believe I have a 60 days to move in per FHA requirement. I'm sure this issue i...
Justin Calahan
Colorado lease Questions
I am planning on purchasing my first property this year that will be a house hack, however for now I am still renting as I travel for work.
I have a landlord in Colorado who we agreed in emails that after my lease t...
Bill B.
Is this how cities will make up for financial shortfalls?
While owning more than a dozen properties for more than 20 years, I have NEVER heard from code enforcement about any of my properties.
Today I received a $50 “zero tolerance fee and civil administrative assessment f...