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Does anyone know the legal implications of buying a house from an owner who has filed Chapter 13 bankruptcy and the bankruptcy is still active?Would the seller be able to transfer title to the subject to buyer?What ha...
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Just bought our third rent house and 3 days after closing it was broken into and the hot water heater and the window A/C unit was stolen (presumably for the copper). Haven't had this happen before and want to know how...
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Hi,
Our Property management company in Indiana has done a lot of damage to our property due to neglect and misconduct. In addition the company owes us a lot of money.
We are unable to communicate with them to get o...
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At great personal cost, it appears that my wife and I will be receiving an inheritance sufficient to pay off our house and possibly allow me to retire very soon. What are the tax implication of such a transaction? W...
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So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...
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I found some good legal advice for contracts, documents, consultation it really helps for me getting my deals together and making sure I stay in the guidelines of real estate
www.prepaidlegal.com
[edited by administ...
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Another question in the what if category. I am curious to the details and differences between purchasing a rental property from someone who owns the property through a LLC or just buying the LLC. What tax or other iss...
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We are moving to another home that we have renovated, and will be renting out our primary residence on a long-term lease. The rents are good in this area, and it should cash flow well. I will be managing the property ...
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Hey Everyone,
I have a property under contract and found a buyer who wants to close asap. I sent the contracts to the closing attorney and they emailed me and said the seller has a lien against him for $37000.
I h...
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Hey BP Community,Question for the commercial multifamily investors out there. What type of insurance coverage are you using to protect your asset? What should I be looking for in a good insurance policy for a small co...