Warning for Real Estate Investors: Three Northern California Real Estate Investors Convicted of Rigging Bids at Public Foreclosure Auctions

  There are many pitfalls for real estate investors who purchase distressed property. In today’s market, good deals are getting harder to come by. With distressed property becoming a scarce resource and competition ever increasing, some real estate investors have resorted to illegal acts to boost their profit. Investors should know that the Department of JusticeContinue reading “Warning for Real Estate Investors: Three Northern California Real Estate Investors Convicted of Rigging Bids at Public Foreclosure Auctions”

New Michigan Bill: Investment Property Owners Should Keep Track of this “Bed Bug Bill”

Last Thursday a class action case against a Real Estate Owner reached a settlement involving payment of over $2 Million to 100 tenants – ABAJournal reports that story here One of the primary complaints was that “the 26-unit building had a massive cockroach infestation.” Infestations are an issue for every property manager or owner ofContinue reading “New Michigan Bill: Investment Property Owners Should Keep Track of this “Bed Bug Bill””

Michigan Real Estate Law Update: Proposed House Bill to Allow Tenant’s Waiver of Trial By Jury.

A Michigan House Bill was proposed last week that would allow a landlord in a residential lease to include a waiver of a trial by jury. You can see the proposed bill here This proposed amendment would revise a portion of Michigan’s Truth in Renting Act, which only applies to residential landlord tenant rental agreements.Continue reading “Michigan Real Estate Law Update: Proposed House Bill to Allow Tenant’s Waiver of Trial By Jury.”