Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Nick DAgostini

Nick DAgostini has started 3 posts and replied 4 times.

Post: Foreclosures & Leases

Nick DAgostiniPosted
  • Flipper
  • San Diego, CA
  • Posts 4
  • Votes 0

@Ron S.  @Kyle J.

I ask this because I went to a sheriff foreclosure auction, and the defendant that was being foreclosed on gave himself a lifetime lease of approx $1 a month for the rest of his life before the foreclosure went into effect. If leases do survive the foreclosure, is this legal? And if so, why wouldn't everyone just buy what you can, give yourself or a family member a basically free lifetime lease, and just stop making payments?

Post: Foreclosures & Leases

Nick DAgostiniPosted
  • Flipper
  • San Diego, CA
  • Posts 4
  • Votes 0

Do leases transfer after a foreclosure? 

Post: Winning Auction Bid Lower Than Judgement Lien

Nick DAgostiniPosted
  • Flipper
  • San Diego, CA
  • Posts 4
  • Votes 0

Looking into sheriff's foreclosure auctions in Northern CA. If you win the property at auction for less than the judgement lien, do you still owe have to come up with the difference to get that lien removed from title?

Post: ???'s Forming an Investment Group

Nick DAgostiniPosted
  • Flipper
  • San Diego, CA
  • Posts 4
  • Votes 0

Hey there. New to this so please forgive any ignorance. Some investor friends and I want to pool our resources together to purchase a smaller unfinished residential development (7 Parcels), build the homes, and sell them. We've ran the numbers and the math is sound. I've owned rental real estate with partners in the past but nothing this size and this many partners. What would be the best plan of attack to protect everyone's interest? Would an LLC or an S-Corp be the better option? Everyone is contributing different amounts, and in addition to my personal monetary contribution to the project, I am also the one doing all the leg work; finding the property, lawyers, construction managing, selling the end product, etc. What extra percentage of ownership is customary for this kind of work, if any? Any info would be greatly appreciated. Thanks