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So I just received a Notice of bankruptcy. One of my tenants has filed for Chapter 13 bankruptcy. I’ve forwarded the information to a lawyer but does anyone have experience with what may happen next?
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First let me give you the situation. 5 days ago a man pulled up in front of the driveway as I had been working for the Neighbors he asked if I knew who lived at the home next door and I stated that it was mine. He the...
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I have been reading a bit on crowd funding, and saw that newer laws have opened the door for non accredited investors. I am a bit interested in going down this avenue, but have had no success in finding opportunities ...
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So I have a situation where we have taken 2 properties quit claim knowing what the max liens could have been on them. From what our title company is telling us, the old old owner (2 purchased ago) is the only person ...
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Hey Guys,I was closing on my first multi-family in PA the other day and the lender had me sign a confession of judgement tied to the loan. It was the first I ever heard of it and after closing I researched it. After r...
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Here is one of the articles I wrote about Foreclosure: The Day of Foreclosure in TexasAngela Walter, Texas Attorney - Feel free to message me if you have any legal questions!
In Texas, foreclosure sales are at live a...
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Hello All,My agent Called me up to inform me that he found me a 8 unit property. When I informed him that I don't have all the money for the down payment (assuming 20% down payment, the amount is about $160K) he state...
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If you are a PML or Money Partner, what do you look for when someone brings you a "deal"? Is it Cash Flow, Cap Rate, COC, all three or something else? If it's cash flow, what is the target amount? If its COC return, ...
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I have found a property close to me by driving for dollars that seems to be a great deal, my main question is the property is vacant and has postings on the windows from xome.com. I am curious as to how far into the f...
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Hi, I'm new to this Real Estate business. My family member who are in the business encouraged me to join this site. I am really new to this and don't know how to start. A client of mine once told me to go to another s...