Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
The gist of it, the way I currently understand it, is they’re “partnering” with local investors who want to buy/partner on the first mortgages, go through the appointment process (through their sister company law firm) to be able to repair and rent out the property as it’s going through the foreclosure process.
Mark Gomez
Rent vs Sell a paid off home
6 February 2025 | 10 replies
Zoning and Permits: Make sure to check the zoning laws and permit requirements for building an ADU in the area. 4.
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
STR is another concern, many towns have laws against it but most towns do not enforce these laws, just make sure you are aware of them becuase they can be enforced.
Philip Beckwith
Appealing property taxes
27 January 2025 | 15 replies
You need to know the appeal laws where you are.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
Depreciation begins once the property is rented.It’s essential to consult with a real estate attorney to ensure compliance with local laws and to handle legal complexities.
Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
15 January 2025 | 8 replies
Its not as simple as using eviction law even after you closed and now are the owner.
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
Pick up the phone or stop by local code enforcement offices to make sure that you have a crystal clear understanding of local laws and regulations.
Farnaz Z.
How to screen a tenant without a social security number?
13 January 2025 | 4 replies
Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law.
Brett Coultas
New member introduction and host financial question
21 January 2025 | 8 replies
These programs offer options for less money down and in some cases DPA - Down payment assistance.As a banker for over 18+ years I am very skeptical when I hear a new name in the business only because its become tougher to lend with all of the new laws and credit/insurance requirements and regulations.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
its cheap compared to what you get I found a strict foreclosure in Oregon that their site was on the only one tracking it and we made over 300k on that one deal.