Jeffrey Ward
Pre-Existing Option Contract On Rental
How does it work when you buy an investment property where the previous owner had an option to sell contract with the current tenant? Will the consideration payment be paid forward to me and then I am short an option ...
Kenneth Walsh
evicted tenant still has option remaining halp
In these post Dodd Frank days everyone recommends doing a separate option contract to the lease agreement and having neither document reverence the other so as to not imply an installment sale. My question is, if a te...
Ricardo Baker
Lease Options in Texas - Legal or Not?
I've been researching lease options on the internet and there is a lot of information and coaching on the subject. But when I do my research to find out if lease options are legal in Texas I'm getting mixed informatio...
Tim L.
Buying a home for mom.
So I currently have one rental property, and after accounting for all costs (PITI, HOA, vacancies, cap ex fund, etc.) I cash flow right around $300/month. Everything's fine and dandy with this deal, and I have no issu...
David Torres
Lease Option
Morning all,
Have a question about lease optioning. I was approached by owner about managing a property for her. I am anticipating asking her for an option to purchase. House is slightly underwater. Prices are going u...
Liz C.
Tenant haven’t move in yet. Can I get out of contract
Hi landloard,
I have a potential tenant who he signed his contract and I haven’t sign my part yet. (Technically I signed gave to the agent but agent haven’t mail out to him yet)
He emailed me his renter insurance an...
Engelo Rumora
Who’s is bigger? Let's talk about your dream deal come true!
Remember that deal that made you pop bottles in Vegas and buy that $13,500 Submariner from the Rolex shop on 5th Ave?Well, I bet you didn’t make more than I did! Check out my DREAM property deal here.So if you like co...
Eikichi Takuya
Why not just write an option contract instead of using escape clauses?
I spoke with a lawyer in regards to the idea of "wholesaling" properties and his take was to just write an option contract outright rather than create what is essentially an option contract by including an escape clau...
Nicholas Patrick
What is a single family rent to own, how does it work?
I heard people saying this was the best way to rent a single family. From what I know your selling them an option to buy the home at a specific time while renting. I'm not sure how this works.
Jerry Poon
Investment Performance Analysis (financed -> loan paydowns)
I have been financing all my properties, and analysis via Cash on Cash has been serving me quite well. With the market being the way it is right now, I've moved onto cash buys and paying down my loans for now.Since th...