John Johnsin
new member from pittsburgh (east)
Hey everyone, First off i wanna say its a beatiful day to make some money! Im excited to be here looking for anyone with great knowledge or even just a little bit.If anyone in the area wants to link up and meet anothe...
Gabe K.
Loan mod strategies for houses with equity
Hi Fellow Note Investors,I own a NPN where the market value of the house is actually large enough to cover the UPB + all the accrued payments and fees (3 years). However, I want to be the nice guy and modify the loan...
Errand P Braithwaite
Addendum term extensions sec 8
Hi guys If a tenant signed a years lease for September and then there are issues with section 8 and they moved in a month later in October do you create an addendum that changes the entire lease term or just change th...
Micheael Certini
Rental Term Agreement Without Extension Provision
If a term agreement does not specify any language as to its extension, does it proceed to a month to month extension or does the extension become a mirror of the original lease term (ie. 6 month lease). Where can the...
Christina Swaby
Use a Lease Extension or New Lease Contract?
I have wonderful tenants and their lease is ending on August 31. I want to renew at the same terms of the original lease (which was created and provided by my realtor and I dont have access to that document now). Tryi...
Steve Fey
Tenant’s that have signed lease extensions, but no original lease
I just purchased my first triplex. The tenant on the 2nd floor has been there for 15 years. She signed a lease extension with the previous owner that guarantees her occupancy for the next 2 years at a fixed rent level...
Steve Hiltabiddle
Loan Penalties: What do you use in your loan docs?
Hey BP Private and Hard Money Lenders
I’m curious what penalties you typically include or consider including when lending to flippers/rehabbers on shorter term loans, and what you might charge when applying the penal...
Sergio Aguinaga
Lease extension renewal question
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 co...
Elizabeth Lagattolla
Triple Net Lease Renewal - Questions
Hi - I have a commercial building that I'm leasing (triple net lease) that is due to come up for renewal after (5) years. Since this is my first commercial investment five years ago, the original lease/negotiation of...
Raj G.
Private Lending-Loan Extension
Can somebody please advise what are generic financial terms for private lending(residential).Like loan rate, what happens when loan matured and borrower wants few more months extension.Thanks in advance.