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All Forum Posts by: Sergio Aguinaga

Sergio Aguinaga has started 15 posts and replied 121 times.

@Aaron K. Do I mail a lease agreement or just lease extension? Keep in mind tenant is on a month-to-month because lease ended April 15, 2020 and after that my lease estates that they’re on a month to month. I prefer to keep it simple so if I could, I would only like to do a lease extension.

@David M. I would rather drive to the property lol, but since their lease ended April 15, 2020 and they’re on a month-to-month, can I still do a lease extension or am I required to fill out a lease agreement from scratch?

@Aaron K. She doesn’t use internet which makes it difficult tbh.

Hello All,

I have a simple question. I had a lease that started January 15, 2019 and it ended January 15, 2020 then I extended it until April 15, 2020 with a lease extension form. However, with COVID-19 happening, I couldn’t go to my tenants house and extend it again but my lease states that she’s on a month-to-month if the lease expires. So from April 15 - May 15, she’s on a month-to-month. Now I want to extend my lease again but given that my tenant was already on a month-to-month, can I use a lease extension or do I have to fill out a brand new lease agreement again? I really prefer not to fill out a new lease agreement as it takes longer and I don’t want to be near my tenant for that much time.

Post: COVID-19 vs. Basic Freedoms

Sergio AguinagaPosted
  • Detroit, MI
  • Posts 148
  • Votes 38
Originally posted by @Steven Lowe:
Originally posted by @Sergio Aguinaga:

Other drivers certainly affect you when you are out there on the road.  Elderly drivers are some of the most risky drivers out there, which is why they have to retest more often than younger drivers.  

I think even if the entire country was re-opened full throttle today many people would be wary to go out without a mask and gloves and probably it's going to take a long while before things are back to normal so IMO the Florida decision won't have quite the negative result people think it will.  

They do, but typically the risk for driving is linear not exponential. The added risk for elders with health problems is exponential compared to the young and healthy. So a fair comparison is driving without ABS/TCS/VDC since it adds that exponential driving factor into it. I want things to get better and I am so tired of social distancing myself haha but I guess we'll see what happens with Florida and once we gather more data to determine if it's worth the trade off but for now, my answer is it's not worth it. In a month? Potentially.

Post: COVID-19 vs. Basic Freedoms

Sergio AguinagaPosted
  • Detroit, MI
  • Posts 148
  • Votes 38
Originally posted by @Steven Lowe:
Originally posted by @Sergio Aguinaga:

@Bryan Beal I can’t believe this is even a discussion. If you want to carry the risk and go to work, the virus will be lingering for much more time and much more people will be infected. Your risk affects those around you. If you go grocery shopping guess what? Now everyone that took massive precaution just stepped into the same place and touched the same things you did. Your irresponsibility affects others.

 You also take a risk every time you get in a car, fly on an airplane, or even go for a walk outside.  Life has an inherent risk level, there is no way to eliminate it from the equation.  We don't live in a laboratory.  And if people keep staying home indefinitely eventually the economy is going to collapse because the Government can't just keep printing money to make up for the lack of actual work being done.  People need to go back to work even if it means an increased risk to some.  

 When you drive a car or fly on a plane, you make the decision of putting yourself at that risk. We can't say the same about the virus because others' decisions affect you. If the virus wasn't contagious and only those that don't care would contract it somehow, then by all means. The risk of driving or flying on a plane also doesn't exponentially increase among elders like it does with covid-19. What if I told you that you can drive your car, but I'm going to get rid of ABS and a lot of the safety functionality from it. Would you still drive it? That additional risk is added among other people and re-opening the economy now is like driving without the ABS/TCS/VDC features we have. Being healthy and advocating to take the risk of contracting it just because you're better off than a lot of the vulnerable people is selfish! Being healthy is a privilege and it's not fair to them their life depends on your selfishness. A lot of places have already peaked and we're on the downfall. Things are starting to look better already but if we do what Florida did, then it's a bold bad move.

Post: COVID-19 vs. Basic Freedoms

Sergio AguinagaPosted
  • Detroit, MI
  • Posts 148
  • Votes 38

@Bryan Beal I can’t believe this is even a discussion. If you want to carry the risk and go to work, the virus will be lingering for much more time and much more people will be infected. Your risk affects those around you. If you go grocery shopping guess what? Now everyone that took massive precaution just stepped into the same place and touched the same things you did. Your irresponsibility affects others.

Post: I’m 17 and don’t want to go to college

Sergio AguinagaPosted
  • Detroit, MI
  • Posts 148
  • Votes 38

@Todd Rasmussen that’s pretty bad advice in my opinion. If someone doesn’t want to go to college and they won’t put their heart into it, why should they suffer through it AND put themselves in debt if they’re likely not to even finish? I recommend him to start doing wholesaling and becoming a RE agent.

Post: Detroit Cracks Down On City Landlords

Sergio AguinagaPosted
  • Detroit, MI
  • Posts 148
  • Votes 38

@Annette Hibbler is this just Detroit or all of Wayne county?

Post: Question about wholesaling

Sergio AguinagaPosted
  • Detroit, MI
  • Posts 148
  • Votes 38

@Tyler Austin the correct answer is recording a memorandum of option. This clouds the title and makes it unable for the seller and cash buyer to close a transaction without your notice, since the title is clouded.