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All Forum Posts by: Terra Padgett

Terra Padgett has started 9 posts and replied 65 times.

Post: Private Lending to JWB Real Estate

Terra Padgett
Professional Services
Posted
  • Investor
  • Houston, Tx
  • Posts 66
  • Votes 83

If you have better options, you can share your details for evaluation. 

Post: Private Lending to JWB Real Estate

Terra Padgett
Professional Services
Posted
  • Investor
  • Houston, Tx
  • Posts 66
  • Votes 83
Quote from @Chris Seveney:
Quote from @Terra Padgett:

Has anyone ever done Private Lending 🏦 with JWB out of Jacksonville? How was your experience?


 Sorry, have not done any. One thing you could look into is run a search in the county on their mortgages and see who the lenders have been and reach out to them. 

What type of terms they looking for?

10%. 36 month term. Paid annually. 1st position. 

Post: Private Lending to JWB Real Estate

Terra Padgett
Professional Services
Posted
  • Investor
  • Houston, Tx
  • Posts 66
  • Votes 83

Has anyone ever done Private Lending 🏦 with JWB out of Jacksonville? How was your experience?

Post: Keeping Ownership Annoymous in Rental Properties

Terra Padgett
Professional Services
Posted
  • Investor
  • Houston, Tx
  • Posts 66
  • Votes 83

One way is to use a Real Estate Privacy Trust (REPT). You deed the property to the REPT which takes it out of your name. The trust will appear on any public record items and not your individual name. You'll have someone (your attorney, a friend, etc) be the Trustee of the REPT. They can't do anything with the property without your say so, thus it doesn't really give them any rights to the property. You'll assign a beneficiary of the trust; which can be your LLC.

Post: Reputable Property Management firms servicing Houston

Terra Padgett
Professional Services
Posted
  • Investor
  • Houston, Tx
  • Posts 66
  • Votes 83

We're looking to interview a couple of Property Management firms to take over management of a few homes. Which one(s) have you had a positive experience with??