David B.
Design and Construction Progress-Based Payment Schedule
Any feedback on this progressed-based payment schedule for a $450K remodel project?Should there be more specific milestones like flooring, appliances etc? Possibly withhold a little more for job completion? Maybe 15%....
Kevin Noesner
When should rent payments start?
I have a retail building that needed some work and customization before the restaurant could open for business.
We agreed that I would get it to a "vanilla box" state where it's up to code and then they would add t...
Terrence Evans
CA SB 908 Debt collectors: licensing and regulation
Cali folks: Newsom recently signed this into law. Licenses will be required on New Years Day 2022.
YAY! We will soon be like alot of states back east! Joy!
https://leginfo.legislature.ca...
Eli Kallison
California Tax Sale: Deed of Trust with Assignment of Rents
I am doing some title research on property in California that is being auctioned by the county due to non-payment of taxes. This California State Legislative code outlines which encumberances will survive a tax auctio...
Scott V.
Friend wants a personal loan @ 20% interest. What would you do?
Short summary of the situation: A friend of mine would like me to loan him approx $32k which he needs as a down-payment for something. I have a pretty good general idea of his financial situation and I know that he ha...
Aaron W.
Move in and Move out form is landlord required to provide
I am in Texas on a TAR contract and my contract reads that a move in move out form is required to be turned in by the tenants two days after commencement date. It does not say anything that I am suppose to provide a ...
Dustin N.
Tenant Termination Prior to Commencement Date
Hi all,Can I keep a security deposit if tenant signed a contract but the commencement date is not until 3 months later?What is the legal effective date to hold tenant liable for rent - is it based on lease date or com...
John Ocampo
Buying a house with VOID permits
Buying a house in Austin and while doing due diligence found it has 5 expired permits from 15+ years ago. These permits were to go from septic to public sewer. Current seller doesn't know the history of the property a...
David B.
Selling without agent fees
Hi all,
I have a property I'm flipping that my Contractor has decided to buy directly. I linked him with my lender and they are now coming up with a plan for the purchase.
In this particular situation, there won't ...
Yaya Y.
Construction Syndication -
On a ground up development deal - are construction costs split pro rata between the LP and GP?If LP put in 90% of the equity, do they contribute 90% of the construction costs?Is it the GPs responsibility to obtain the...