All Forum Posts by: Cyndy Lester

I found a great property that was foreclosed and going on auction. The numbers are great for a quick fix and flip. My issue is on the county website it shows it has a Warranty Deed with Vendor Lien. This property is located in Texas. Can anyone explain to me what this really means or if I should worry on making a bid. I have attached the warranty deed see if anyone can "decode" it. Any and all help is appreciated.

So my husband and I decided to get into real estate investing. Although we have had a rental property in the past, by accident (needed to sell before we moved, couldn't so we rented it out), fast forward 10 years, we sold it (bad move on our part now that we have all this new knowledge on real estate investing), anyway, so we are trying to gather information as to how to set up our "business". Did anyone start with an LLC, if its just for rental properties how is it best to file, etc. I'm struggling with just the business set up part of it all. We want to make sure we get it right before we jump right in. HELP!f