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28 October 2010 | 15 replies
Some time sthey wait 90 days --and offer home owner to catch up before they file lien - so need to check day before closing --or take out that much from your offering price For IRS --if there is no lien in Title search --there are no taxes due--even if person ( owner ) did not pay taxes for two years --and IRS did not get around to file a lien-- they can not do anything --once you take over property--it is owner's personal responsibility --Third lien may be state tax or mechanics lien or some credit card company - that can be wiped out -- Is there a second mortgage ?
21 October 2010 | 0 replies
It also applies to rent from a landlord that you skipped out on, damages in an apartment or rent house, unpaid cell phone bills, unpaid electricity bills, unpaid water bills, unpaid gym memberships, or unpaid work performed on your house/car/equipment (which are called mechanics liens).
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22 October 2010 | 18 replies
We then became 100% interested in mobile home parks and are happy with them.
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22 October 2010 | 2 replies
Are you guys doing besides the mechanicals,roof,foundation and cosmetic inspections.My background is in new construction and am going to start with flips and was wondering if you do other inspections such as termites and gas line inspections during your due diligence.I dont want to over look something that will cost...Thanks
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29 October 2010 | 38 replies
Animals also try to defend themselves through various mechanisms, would that make them evil?
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24 October 2010 | 4 replies
It contains a mobile home park, a few Single Family Rentals, and a 6 unit apartment building.
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14 November 2010 | 4 replies
Do you put the mobile homes in an LLC?
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25 October 2010 | 2 replies
What do they owe on the property, including loans, HELOCs, taxes, mechanic liens, etc?
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28 October 2010 | 4 replies
I had a thought about doing lonnie deals in mobile home parks that you don't own.