I am not disputing anything Joel Owens has said but I will add to it.

I always fill out a detailed report ahead of time (i take a couple of hundred high resolution photos date stamped as well to document condition), then go over it with the tenants when they arrive.

The Texas SOS automatically sends the filer this form upon successful registration.If they want proof I have the ability to sign for the LLC, I either provide a resolution or a doc stating so.

The enforcement of SAFE Act and Dodd-Frank will not come from law enforcement, but from the disgruntled purchaser of a property seller/privately financed.The buyer has some dispute with the private seller/lender and stops making payments.

just use him as a private lender, pay him x amount of y period.As if flip deals go south, you don't want to be in a financial dispute with a guy that can make your life difficult at work.

I second Jon on Bill Bronchick's book "Wealth Protection Secrets of a Millionaire Real Estate Investor" His books are excellent.p.s. the auditor also requested a copy of the 'resolution' agreeing to the mortgage.

Hi,

I was a renting out a room in a house in Austin, Texas.

My lease was from Dec. 16th, 2012 to Dec. 16th, 2013. I gave him the keys on December 13th because I didn't want to renew the lease and I was ...

Seems like a domestic dispute and if she feels threatened, she should have called the police.

Second, let the carrier know that you're going to dispute the settlement.

Christian,I don't believe your comments are entirely true.The was a federal act passed in DEC 2007 the lenders cannot hit you with a default judgement on your primary residence keep in mind the irs can and will tax you on the spread in a short sale and one morning you will wake up to a 1099 in your mail boxOn the contrary, House Resolution 3648 prevents home owners from being taxed on forgiven debt.