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All Forum Posts by: Franklin Navarro

Franklin Navarro has started 9 posts and replied 17 times.

Post: Transfer of Title/Deed

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

Greetings everyone.

Not sur if this is the right place to post this, but here it goes.

I am in the process of buying a second home. My existing current home will be rented out. I am in the process of creating an LLC and would like to know what the process to transfer the title or deed to the LLC is like? Is this something that I can do on my own? should an attorney look into it? The purpose of the transfer is for asset protection, my current home was always going to be a rental.

Regards,

-Frank. 

Post: What would be the NAICS code for a Real Estate Holding LLC?

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

thank you. 

Post: What would be the NAICS code for a Real Estate Holding LLC?

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

As the title says, what would be the NAICS code for a Real Estate Holding LLC?


-Thank you. 

Post: Renter's Lease Agreements Detroit MI

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

@keyonte - I was wondering if you will be willing to share it with me as well?

Much appreciated. 

Post: Delta County Michigan RE attorney

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

Hi Greg,

thanks for the info, I will give him a call.

Post: Delta County Michigan RE attorney

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

Hello folks,

Wishing everyone peace, prosperity and success! 

I need help finding a reputable RE attorney that can help me with a Quiet Title in Delta County Michigan. Any leads will be much appreciated.

Regards,

-Franklin.

Post: Auction Bought / Past owner refuse to move out

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5
Quote from @Marc M.:

@Maria Sophia I have also purchased several properties in the Wayne County Tax Auction. While many commenters suggest there is a 6-month redemption period, that is only true for Mortgage Foreclosures NOT Tax Foreclosures. You could have this person out in less than 6 weeks.  

I agree with most of the other comments....Get an attorney! If you want someone that just does evictions try James Abbot. For general real estate stuff (including evictions) I have worked with Harry Kalogerakos, and Raymond DeBates, both are good, reputable attorneys. 

Honestly, your best bet is to approach the previous owner and explain the situation to them and negotiate a move-out deal. I have 4 properties that came with occupants, two of them are previous owners. In one case, I'm selling the property back to the homeowner on land contract. The other person, I have given a grace period to move out (where they pay $200 /mo. in rent and if all payments are made on time, I give them their rent back by an agreed upon move out date...like cash for keys with more accountability). My guess is that your property management company approached the homeowner without much empathy, and the occupant is right to be skeptical as many people don't realize they've lost the home. It took me a letter, two phone calls, an in person meeting, and over an hour of explanation to get one of the previous homeowners up to speed. She couldn't understand why she didn't get notice about the actual auction sale....and I said "You did, you got foreclosure notices, and once they issued a default judgement, the County doesn't care anymore." 

Just remember, this is bad situation for the previous homeowner, they likely have very little money and may not have a place to move to. Tread lightly, and you will be far better off. 

Good Luck!

May I PM you for advice? 

Post: Looking for an eviction attorney, Michigan

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

Any updates on this?

Post: DFW area REI friendly CPA

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

i have sent you and email.

Post: DFW area REI friendly CPA

Franklin NavarroPosted
  • Rental Property Investor
  • McKinney, TX
  • Posts 18
  • Votes 5

Greetings,

We are looking for a CPA with experience in RE investing, LLC formation, and tax strategies. Any recommendations will be greatly appreciated.

-Frank