Brent Ryerson
Quick Review of Proptstream Trial
16 January 2020 | 0 replies
The numbers of filters including expired MLS listings, liens, vacancy, divorce, bankruptcy, and so on are impressive.
Jesse Sanford
being a newbie to real estate
17 January 2020 | 2 replies
There’s also a pdf file that they gave for free , https://assets2.biggerpockets.com/uploads/user_file/file_object/329/UBG_2018.pdf.
Chris Wolfe
Whos buying at Auction in Austin?
20 January 2020 | 2 replies
.- There is a possibility of a homeowner filing bankruptcy after the auction which will complicate the eviction process and delay your possession.- There is a possibility of unpaid property taxes, HOA dues, city or state liens that may attach to the property and will become your responsibility and increase your costs.- If there are IRS liens against the owners, you won't be able to get title insurance for up to 180 days after the auction.
Antoine Ferguson
Can't find living owner or next to kin
17 January 2020 | 4 replies
Whomever filed it out will be your first point of contact.It's not a deal until you have a signed contract.
Martin Pelletier
investing in remote town
21 January 2020 | 3 replies
Wow I just read your file Curt.
Nikolas Engel
Walking the mortgage - thoughts and experiences
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.
Ika Sargeant
Keep LLC or close it.
18 January 2020 | 4 replies
My main reason is I think paying for annual filing for all three LLCs is unnecessary cost.
Peter Lohmann
Franklin County Reduces Landlord Access to Eviction Cases
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.
Ikenna Ivy
Sale of a rental - Lease over
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...
Tamika Malcolm
How to use 401k for investment properties
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.