
12 July 2021 | 9 replies
Not sure where you heard about it but I don't think this would be possible in any state that uses a Warranty Deed to file a mortgage.

18 January 2020 | 4 replies
My main reason is I think paying for annual filing for all three LLCs is unnecessary cost.

18 January 2020 | 8 replies
If a landlord spent the time and money to file an eviction against a tenant just 4 years ago, that says a lot about the likelihood of me having to do the same sometime in the future.

17 January 2020 | 2 replies
Our LLC sold a rentallease states that once sold, tenant will be notified and have to move within 30 dayshad to file a summons and complaint to recover possession due to the following1 tenant unauthorized changes to unit 2 damaged pipes by tenant3 property sold and new owner does not want tenantthis is Detroit...

21 January 2020 | 7 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Alternative: Rollover Funds to A Solo 401k & Take a 401k loan or Invest in Real Estate DirectlyIf you are self-employed (i.e. active self-employment earned income separate from your w-2 income) with no full-time w-2 employees, you can set up a Solo 401k and then rollover your 401k funds once you leave your current job [NOTE: You generally can't rollover funds that you saved to your current employer plan until you quit.].You could then take a loan of up to 50% of the balance not to exceed $50,000.

20 January 2020 | 10 replies
The normal course of action would be to file forfeiture, take the properties back, and resell them to someone who can make the payments.

28 January 2020 | 37 replies
LOL dude I’m telling you I filed a post for possession last April.

18 January 2020 | 5 replies
Maybe also file a lis pendens to cloud the property until this is resolved.Document everything you have on the matter.

20 January 2020 | 37 replies
@Michael King I reminded them of the payment process and when evictions would he filed.

22 January 2020 | 6 replies
This is something I am not personally worried about as I have a very high deductible and would not likely file a claim, and the ACV is much cheaper than Replacement.