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Results (10,000+)
Jon Ladas Have you transferred a property to new owner via LLC?
13 June 2024 | 1 reply

Hey all,
A developer I was talking to told me about a way to acquire properties by having the seller put the property in an LLC and transferring ownership of the LLC (or selling the LLC) with all it's assets to a new...

Kevin Lee Investing in Detroit
15 June 2024 | 30 replies
@Kevin LeeWhile investing via Turnkey Rentals sounds easy, you should understand that you will be paying full retail, often even more, for the properties.
Raylynne S. Advice for dealing with property manager + tenants who broke lease
14 June 2024 | 6 replies
I reached out to my PM via phone monday 6/10, left a voicemail. 
Jeff Neikrie Investor approaching the Detroit market, looking to build my core four
15 June 2024 | 15 replies
Detroit is also seeing the expansion of our international trade activity via the two new bridge routes to Canada. 
Geoff Stuhr Competitive Advantages within Commercial Real Estate Investing
14 June 2024 | 2 replies
They have adjusting equity positions via Cash Calls or preferred equity issuances should Y happen to Occupancy rate, rent rate, interest rate changes or project fulfillment. 
Emmanuel Sanchez SWFL Homeowner's Insurance/Broker Recommendations
14 June 2024 | 8 replies
I submitted a request for a quote via their website.
Fendy Jn pierre Safe neighborhood in Philadelphia
12 June 2024 | 10 replies
Investing time in learning the market so you understand what the much more helpful advice with street boundaries and heat maps really MEANS.
Zach Knoll Communication With Investors
13 June 2024 | 2 replies
Regular check ins via calls, texts, or emails are all great ways to instill a feeling of trust and transparency in our investors. 
Justin Sullivan REI meetups and events
13 June 2024 | 3 replies
Hey @Justin Sullivan - you can check out Events and Meetups forum via this link - https://www.biggerpockets.com/forums/521
Brian Freeman My Story of being scammed by Morris Invest and Oceanpointe
15 June 2024 | 54 replies
Linwood Ave from Dave Koehn | PDF Attachment8/29/2016 - Received photos of 2021 Linwood Ave from Dave Koehn at Morris Invest8/29/2016 - Brian Freeman e-mails Dave Koehn of Morris Invest to take the Linwood property8/29/2016 - Nicole Meckley emails Brian purchase agreement8/30/2016 - Nicole Meckley emails Dan from Paramount Title9/7/2016 - Sale closing of Property9/12/2016 - Nicole Meckley sends me info for the cost to rehab; ($5,100) | Estimate Attachment | Wiring Instructions10/3/2016 - Nicole Meckley responds to Brian Freeman that the flip is now complete and they will send photos and start marketing the property;Note that the property never needed to be “marketed” as there was purportedly a tenant already in place at the time of sale of the property (see 12/13/2016 below)10/13/2016 - Nicole Meckley writes that the flip is complete and she only has a photo of the furnace because there’s a tenant in already;Note that if any rehab was done it was while there was a tenant occupying the property10/18/2016 - Nicole Meckley writes all of the contacts at Oceanpointe to start rent deposits;Note that Oceanpointe likely received and collected a month rent without remitting it to the new owner from closing date of 9/7/201610/31/2016 - I notify Morris Invest that I have already been cited by insurance for an improper dog breed;11/15/2016 - I write Clayton Morris that I never saw the before & after rehab photos; I ask for the lease paperwork.11/18/2016 - Bert Whalen tells me he will send me the photos personally;11/29/2016 - Nicole Meckley writes an email with photos after the flip that are of poor quality; she sends the repair estimate that states what was fixed; | Part 2 | Estimate11/29/2016 - Brian sends payment by wire via Wells Fargo $2,55012/13/2016 - I inform the Morris Invest team that I still do not have a copy of the lease;12/13/2016 - Clayton emails me a one page lease signed by a Kent Stork on 7/2/2016 (prior to my purchase of the property - I did not notice this at the time)Copy of lease4/17/17 I write to Clayton Morris informing him that the taxes doubled from the advertised taxes for the property;11/2/2017 - I write to Clayton informing him that I am being sued by the Marion County Health Department; | Copy of Summons and Complaint11/3/2017 I write to Clayton Morris asking if it’s normal to get sued by Marion County; he replies yes that his office handles it;11/3/2017 I write to Clayton Morris informing him that is was a surprise there were so many reported issues with the property;12/29/2017 - I inform Clayton / Oceanpointe that I was cited again and he tells me that they are working on it.