Hey there guys!We forwarded 3700$ balance due to our former tenant, however most likely tenant won't pay as he mentioned on the phone he will be filing for bankruptcy. Our property is located in Lubbock, TX and tenant...
Bottom line, does there actually need to be equity to be able to claim equitable interest? If something was deemed a "disguised sale" in the end would a judge still need to see some percentage of what the value of the...
I am an out-of-state landlord. I have been told that only two people can file for an eviction or go to court- the owner or a lawyer. My property manager cannot do it for me. Is there any way around this? The lawy...
Hi, I have a question like in lease it's mentioned that if tenant sue landlord and judge dismiss the case in that case tenant has to pay for landlord's attorney fee.then later tenant sues the landlord over security de...
I need some suggestions on how to handle a situation with my tenants. This is my first investment property in a C class neighborhood, and I thought I had some good tenants, but there have been 3 late payments for rent...
OK, I am good at doing referrals, finding, and birddogging for buyers and sellers and get paid that amount that they pay you for your help, but this bugs me, i had a friend(not a lawyer) tell me that it is legally bin...
Hello dear gurus,I bought a property in California in a 50+ community for my elderly parents about 5 months ago. The property was rented out to a single woman until the end of the year. When I bought a property, I i...
Hello!I'm looking to go to my first foreclosure auction soon in King County, WA. I have a few questions on the process of the whole thing. Here is an real life example for an upcoming auction: There's a house in my ar...
Hi all, I'm new to property management and trying to get a lease signed for the first property I've picked up to manage. I'm in Charleston, SC and am using this residential lease agreement. My question is: I see on he...
For those of you who believe the CFPB will not go after small operators, or that MLO's are experts on regulation that can protect you, consider this excerpt from a press release:The CFPB found that David Eghbali refer...