Joseph F.
Fleas
18 August 2014 | 11 replies
We removed ourselves from the property for the weekend, set the foggers on all levels of the home, then came back three days later, opened all the windows and doors, and then proceeded to wash all our dishes (not required, but our paranoia).
Greg P.
Limited Warranty Deed? Need some help
3 November 2017 | 6 replies
My last 50 properties from banks:47 - via Special Warranty Deed 3 - via Quit Claim DeedBanks seem to "have a fear" of exposing themselves to extra liability when they sell REOs, so banks, in their wisdom, mostly use Special & Limited Warranty Deeds in lieu of a regular Warranty Deed when transferring title on REOs.Banks also use "special addendums" or added language in the "additional terms section" of a real estate sales contract to even further insulate themselves from liability.Sometimes an investor can use the bank's paranoia and fear of liability to their advantage:I recently purchased (3) REO vacant lots from a major bank (BB&T).
Kendra J.
Incorporation And Business Plan Focus
21 May 2013 | 3 replies
You have a Series LLC in Texas which will be as efficient in every respect to sepearte entities and would be easier to manage, provide accounting for and simplify moving a property from one aspect of your business to another without having to do title filings....in other words life would be much easier.Next, there is extreme, over the top paranoia with investors about liability.
John Ringgold
REALTORS: How to disclose to sellers for personal investments
16 October 2020 | 8 replies
Spell out this is top dollar along with the lookers traipsing through their house, (COVID paranoia is in your favor here) and lenders requiring repairs.#2 What a landlord might offer.
Steve S.
Do you use annual air filters or expect tenants to change them?
4 April 2021 | 9 replies
It is amazing that annual inspections they are still in there and they get charged to replace them, as well as, move out per the terms of the lease agreement. its amazing with all the COVID paranoia and tenants won't replace their air filters.
Tyler Jahnke
To LLC or to Not LLC
23 December 2016 | 6 replies
I went this route too, jumping into the "Asset Protection" paranoia pool.
Alex Alaniz
forming a trust with existing mortgage
11 August 2016 | 20 replies
Not sure why all the paranoia ..
Bernard Chouinard
Investor stealing deals?
18 July 2016 | 5 replies
I'm a firm believer in healthy paranoia.
Dillon Randolph
Deal stolen by potential partner - how do I prevent this!
11 July 2016 | 28 replies
If wholesalers actually could close there would not be this paranoia of losing deals.
Gade Chua
Difficult tenant refuses to give the key
29 November 2016 | 24 replies
However, his paranoia about having people in the condo without his presence, even with our trusted friend, seems suspicious to me.