Seeking advice! I have an interesting situation. Current problem tenants who I inherited and have not paid 9 months rent due to Covid are trying to break their lease 1 month early! I did get all their owed rent from t...
In a commercial land purchase transaction in Northern California with the value of under $10M, what is customary for the terms below?- earnest money deposit - is 3%, 5%, 7% or higher customary?- duration of the non-fi...
I need help asap. Not sure which board to post this to. I'm under contract to buy a 6-plex at around 60%-65% of its actual market value. However, it was contingent on my other property selling, because I need that mon...
In a commercial land purchase transaction in Northern California with the value of under $10M, what is customary for the terms below?- earnest money deposit - is 3%, 5%, 7% or higher customary?- duration of the non-fi...
Hello All - I am considering buying a rent control (RSO) condo here in West LA. There are no restrictions on duration of rental from the HOA other than the unit cannot be rented as a STR/Airbnb. I want to operate the ...
Can anyone explain how sponsors typically tie up properties and how they can minimize their downside in the 2 following scenarios:
1) A development deal (acquisition of raw land or an assemblage of single family hom...
With interest rate rising, what do you guys recommend variable or fixed rate mortgage and why in Ontario, Canada? For fixed rate how long 1,3, or 5 years?
Are we allow to evict yet?
My offer on a REO was rejected as too low - the issue with the townhouse is listed at (1)"system did not hold pressure due to damages, unable to find source of allleaks, water heater damaged at side where TPR valve d...
My wife and I are currently under contract on our first deal and things have taken an unexpected turn. We made an offer of $195,000 for a triplex that looks to cashflow $800-900 per month. I estimated that it was wort...