La T.
LLC vs personal umbrella coverage for investment properties
12 July 2020 | 17 replies
If commercial insurance is not purchased for the llc (property worth $1 million) and the plaintiff wins a $1 million judgement he can take ownership of the property as compensation and you lose that revenue stream.
Aaron Thivierge
Have an amazing cash flow multifamily to buy but there one problem
23 July 2015 | 19 replies
You could structure the deal with a 20 year note with interest only payments on the 80K and if the city ever requires you to convert, the note would be forgivable or they would agree to pay for the conversion.A win-win - they get their asking price, but the risk is on them if there is a conversion in the future.
DeAnna Nieves
Any Mid-Century Modern fans in the Phoenix area?
22 July 2015 | 10 replies
I've seen beautiful old high rise condos selling for 30k that have monthly HOAs in the $600-700 range.IMO: from an investment standpoint the townhouse wins, hands down
Tony K.
Have cash and its burning a hole in my pocket...Ready and Eager to begin!
25 July 2015 | 10 replies
I'm in chicago but I know how to win deals in any market.
Cassi Janakos
Sale of Tax Sale Deed & Prior Owner Bankruptcy
17 July 2015 | 0 replies
Hi,When you win a Tax Sale Deed, what are the risks with the prior owner filing bankruptcy prior to, during or after the sale?
Shari Posey
First time in 10 years--tenant not paying! Need advice
19 July 2015 | 14 replies
You do not have to accept their payment.Go to court, win your case.After the case is won the eviction will be on their record.
Michael Win
Thoughts on Doing a 1031 soon
20 July 2015 | 5 replies
@Michael Win Your hold time on the current property could be an issue but here's the reason why - There is no statutory holding period before you can do a 1031.
Katelyn Montrony
Bank Owned Properties
19 September 2015 | 8 replies
wayne, you are wrong. check with the obama adminstrations ruling in 2009. they put a limit on the number of houses a bank can release to market in 2009 because the flood of foreclosures hitting the market was killing the housing market. and micheal has an excellent idea with contacting the owner, but here is another idea. the last step in foreclosure for a bank is to have a foreclosure/ trustee auction. usually held right at the county court house. sometimes called a sheriffs sale. you can go to this auction and bid against the bank on any house. in most cases the bank wins, but not always. you could get a decent house for a decent price if you want to outbid the bank. they are only going to bid just so high.
Curry Forrer
Cal Ewing
Securities Laws - What am I allowed to say on the internet?
12 August 2015 | 14 replies
I don't want to get on the bad side of the securities watchdogs, but I do want to grow my business and create win-wins for other investors.