Khoa Ha
Beneficiary bid on foreclosure sale
Hi BP,I recently went to a foreclosure sale and witnessed a beneficiary put a bid way above the starting price. I do not have a lot more information about this. Just wondering what could this possibly mean. Sorry for ...
Lenny B.
Should husband & wife investors form an LLC?
Hello, my wife and I are beginner RE investor, we just bought our first duplex in Sacramento this year (with existing tenants). We are planning to buy another duplex this year, and maybe more properties in the years t...
Nick B.
Two company LLC structure as asset protection strategy
I stumbled upon a lawyer's website while searching for LLC information and this article piqued my interest: http://www.lonestarlandlaw.com/Anonymity.htmlIt describes a two LLC's structure designed for asset protection...
Jason Donald
Repository list in Pennsylvania
Has anyone purchased a property from the repository list that had a house on it although the parcel info on the repository list still had it as undeveloped land?Does anyone know any of the details with a situation lik...
Jay P.
Eviction on record before actually evicted question.
Hi All,I started an eviction on a tenant of mine who has not paid since Feb. The situation went to a "pre-trial" where a court order was formed where the rent/utilities would be paid by the tenant and he would let us ...
Darryl Allen
Buying as Corporation, with back to back loan
Hello,Long time lurker, first time poster.Short background on me - I've been buying & renting properties for nearly 12 years. I've brought my wife into the mix, and we now have a total of 9 units across 7 properti...
Samantha Klein
Tripex - Needs work - Need advice
Hi All, I just toured a triplex this morning with $1,602 in total rents, the asking price is 135k but my realtor said if I can't get it for 100k with little or no money down, I should pass. 2 of the 3 units have not b...
Kenneth LaVoie
Too much equity being a lure for a lawsuit
I often hear that it's important to keep your properties heavily mortgaged to keep the equity down, so that you don't look "juicy" for a lawsuit. (assuming there's a reason for being sued in the first place) I cannot...
Dave H.
Has anyone built and rented out a multifamily/4 unit?
So, I am still early in the process but I am looking at re investments. I am looking at 4 and 2 unit properties. I have been unable to find any that fit what I am looking for. My market is the northern suburbs of NYC ...
Pam R.
Tenant's Mom called...
Our tenant called the day rent was due, said his check didn't come in (Social Security), it would be a week late. When we didn't get it, my husband posted our first Pay or Quit notice. That got his attention. He ca...