Soji Oyenuga
New Texas Excess Proceeds law introduced - What is your take on this ?
24 October 2019 | 12 replies
This part is simply saying that if a claim is not filed before the second anniversary of the tax sale AND the Attorney General is a defendant in rem, THEN the District Clerk cannot distribute the money to the taxing units, as required by section 34.03(b), until after the second anniversary of the date the notice to the Attorney General was mailed.In other words, the District Clerk can still distribute the money if so ordered by the court at ANY time regardless of whether or not the Attorney General is involved, but, if the Attorney General is an in rem defendant AND no person or taxing unit files a claim before the second anniversary of the date of the tax sale, the District Clerk must wait until after the second anniversary of the date which they sent the notice to the Attorney General BEFORE they may distribute the proceeds to the taxing units.Essentially, all this bill will do is require the District Clerk to provide the Attorney General with notice of the funds if they are a defendant in rem and it extends the statute of limitations within which the Attorney General has to file a petition to the proceeds.
Angel Rosado
New Wannabe Investor from New York City
11 August 2015 | 25 replies
Don't try to do it alone find a good real estate who specializes in The real estate investing technique that will be best for you based on your answers to questions above.Our company Leaseown Homes invests using lease options, we found it limits our liability, allows us to minimize the use of our cash and allows us to invest in real estate without risking our credit.
Nick Stango
Two wholesalers same house!
10 September 2015 | 104 replies
Wholesale contracts are good for a limited period of time, they expire, typically in 30 to 90 days.
Cole U.
Finance Advice
16 March 2015 | 18 replies
That limit remains in place for 6 months.After 6 months, if you refinance a cash purchase, you only need to live with the appraised value limit.Here is how this worked for my most recent purchase:$77,000 purchase ($67,000 from HELOC, $10,000 of my cash)$13,000 in rehab costsTotal of $90,000Appraised for $108,000.Getting a loan for $77,000, 28% equity.
Steven Perry
Turning Flips into Holds Financing
14 March 2015 | 5 replies
Also keeping in mind I don't want to keep my current banks financing for 12 months or more (if possible) because that limits my ability to purchase more properties.
Shawn Davis
Are Any Landlords Aware of A Better Way To ...
26 March 2015 | 16 replies
For the ones I handle on my own, one state limits the use of application fees to actual costs and you must return any amount not used by you if you deny the application, so might work there.
Jim Farrell
Is anyone attending the Noteworthy East Conference on 4/10 - 4/13?
20 April 2015 | 34 replies
Now there are always bills that need to be paid for such an event so there will be some sales, but we are limiting the number of speakers selling.
Greg Behan
Too small of a list for list source
24 June 2020 | 9 replies
Why limit yourself when you can do your own marketing, and get tons and tons of leads all for free.Think about driving people over to your website by doing some online marketing, and watch how many leads you can get.
James De Silva
How many properties will you look at before you buy?
17 March 2015 | 7 replies
As a homeowner looking for properties, you are going to look at a limited number of them before you buy.
Kyle Doney
Reglaze or Replace Tub?
15 March 2015 | 20 replies
If you're keeping the rental long term AND you have already decided you're going to tile the surround, without a doubt replace the tub now, it's money well invested.Reglazing is not a permanent solution, there are limitations to use that a renter won't honor either.