
20 September 2016 | 30 replies
.; you might find that the sale of those other properties might only yield enough to cover all of the pre-existing obligations and not have enough net proceeds to repay you sufficiently for the amount of improvements actually funded into that property.

13 December 2019 | 3 replies
In the later case, if you have a warranty deed signed, and later a problem arise on the title that was preexisting the transfer, your LLC can "sue" yourself and you in turn can go back to your title company insurance.If you had a QCD instead, your LLC will have no recourse against you and your original title insurance will deny the claim as your LLC is not the insured party.Taxwise, if is it single member LLC and you are the member, it is disregarded for the IRS and there will be absolutely no change in the tax basis and depreciation schedule.

15 February 2019 | 80 replies
Not sure if you put that there or if it was a pre-existing jack.Now, I recently got a rental house that was vacated after a 10 year tenant and four of the joists had come loose and slipped about two inches.

29 November 2021 | 10 replies
As a new property owner, you will have to abide by the terms of the pre-existing lease agreement.I would suggest working with a local realtor and an attorney that has a track record of dealing with tenant occupied properties for sale.

11 May 2022 | 3 replies
From each payment the seller receives, he/she makes a payment to the underlying lender (the pre-existing loan) and pockets the remainder.These are called wrap mortgages, wraparound mortgages, or all-inclusive trust deeds (AITD).

29 August 2013 | 14 replies
My newest tenant in my rent house here in houston texas has paid the required 1st 100.00 of repair costs twice in past situations, but is now refusing to pay in this latest situation. its some electrical plugs that just quit working, and im sending the electrician even with her saying she isnt going to write the check for her part of the service call. there has been a plumbing service call also in the past that she just acted like she forgot, and i didnt press her then, but i dont want a trend to start here. i hope i have given yall enough info here to ask your opinion if you have had a similar experience and what did you do about it. she sent me a very long email quoting the contract we have, the standard texas tenant contract, attempting to reinterpret its wording, that it was a pre existing situation, but the plugs have been working fine for at least 6 months. im thinking i will mail her the bill by certified mail. what would you do?

2 March 2017 | 25 replies
I guess the same question if you have a pre-existing chandelier.

18 May 2016 | 6 replies
I think that in the event you have no pre existing relationship with a tenant or a limited relationship, personal contact is unnecessary for several reasons:1.
24 September 2015 | 12 replies
Boiler breaks you should have a pre-existing relationship with an hvac service contractor, someone that is already servicing the unit once or twice a year, and you call them to repair.

29 April 2012 | 31 replies
What you're describing may be the predominate scenario, it certainly is between investors and lenders that don't really know each other or haven't done business together before.But in my circles, investors and their private lenders typically have extensive pre-existing relationships.