29 April 2016 | 2 replies
There could be exceptions that the title co doesn't cover (eg. oil/mineral leases from 15 years ago) that could come back to bite you when you go to sell the property again.
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5 October 2015 | 6 replies
Quite a few years back we had a client who was buying up properties in their Solo 401k and then selling those properties minus the mineral rights.
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5 May 2020 | 11 replies
Any oil producing area will certainly notice the difference.
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26 March 2020 | 2 replies
There have been oil shortages and oversupply wars that have caused volatility.
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16 September 2019 | 7 replies
Your other option is have a Landlord Meter installed but that could get pretty expensive.Your only other option is to ask to see her electric bill then figure out roughly what the washer and dryer electric would cost should be able to roughly estimate it, then reduce her rent by that number.My property had this issue where the oil furnace was running on one units electric but i was lucky i had a separate elextrical box just had to get a meter installed, then have those items moved over to the new electrical box it only cost me $100 to get done.
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21 August 2019 | 9 replies
They are a boom and bust oil area that has been in a bust since about 2014 but it will eventually turn again.
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16 October 2015 | 55 replies
I really can't imagine any website making them comfortable enough to go through one of the most major purchases of their lives without some sort of hand holding.Investors don't need the hand holding as much, but they are too busy at their full time jobs, or finding more deals or spending time with their families to bother with trying to become pseudo real estate agents.I could change my own oil if I wanted to too, but I don't, so I will never.
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4 May 2019 | 8 replies
Royalty acres in the Marcellus Shale and Permian Basin (9% CoC)Being able to buy minerals with a DST is relatively new and the returns are great.
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23 December 2011 | 11 replies
For many contractors and investors it's "out of sight and out of mind".They play stupid.The cost they save on not doing it they will play stupid if they get caught and then negotiate the penalties.It's kind of like when an oil company back in the 80's would save 10 million doing illegal dumping and when finally caught would pay only 2 million in fines so they kept doing it for awhile until the penalties were so harsh there was no benefit anymore.Do you think asset managers on REO's,or uncertified contractors, or listing brokers will mention this stuff to buyers??
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8 May 2014 | 44 replies
Welcome to BP where you can learn everything without them snake-oil salesmen.