All Forum Posts by: Isaiah Pearson
Isaiah Pearson has started 15 posts and replied 74 times.
Post: Financing luxury boxes
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
We have started creating luxury boxes out of shipping containers. They are custom to the end buyer for extra office space, kitchens, etc. Some buyers don't have 30k - 60k on hand. So, we're working on being able to finance them to the end buyer. What does financing a luxury box out and becoming a bank look like? (Side question could we use whole life insurance as a bank/lender to buyers and structure it like a traditional loan?)
Post: Financing luxury boxes
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
We have started creating luxury boxes out of shipping containers. They are custom to the end buyer for extra office space, kitchens, etc. Some buyers don't have 30k - 60k on hand. So, we're working on being able to finance them to the end buyer. What does financing a luxury box out and becoming a bank look like? (Side question could we use whole life insurance as a bank/lender to buyers and structure it like a traditional loan?)
Post: Escaping the apartment trap
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
@Dan Heuschele I want to honor my lease but, there are underlying issues that haven't been resolved.
Post: Escaping the apartment trap
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
@Patrick M. I'll see if I can reach the owner.
Post: Escaping the apartment trap
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
@Joe Splitrock There is underlying issues that haven’t been resolved.
Post: Escaping the apartment trap
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
@Natalie Kolodij thank you!
Post: Escaping the apartment trap
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
@Michael Dumler
Thank you!
Post: Escaping the apartment trap
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
Originally posted by @Scott Mac:
Hi Isaiah,
Stay to the end of the contact, or ask if there is some kind of early buyout available.
Stop paying rent and face an eviction.
Possibly find a replacement renter acceptable to management.
Good Luck.
Thank you.
Post: Escaping the apartment trap
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
Originally posted by @Michael Dumler:
@Isaiah Pearson your lease is a binding contract, technically if you breach any part said within, your landlord/leasing company has every right to hold you accountable. I would assume there is an early termiantion fee and the possibility of not receiving your deposit back, but you need to read the lease. Second step to take after reading the lease would be to contact your lanlord/leasing agency and speak to them about the about the matter. Additionally, get everything in writing if you can before breaking your lease. Hope this helps!
Should I get professional help to get out of my lease?
Post: Escaping the apartment trap
- Investor
- Chandler, AZ
- Posts 76
- Votes 28
Originally posted by @Charles Seaman:
@Isaiah Pearson Most leases include an early termination provision. If yours includes one, you can exercise that provision. A fee is typically assessed for doing so.
I was told that o would have to pay for the rest of the year. Is it only the fee i have to pay or for the rest of the year?