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Results (199)
Marcus Auerbach Thank God I had an LLC!! - Said no one ever!?
19 January 2024 | 140 replies

In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...

Tom V. YOU SHOULD PAY $ TO YOUR WORST TENANT
5 August 2015 | 23 replies

Have you had that point yet where you are ready to evict someone? They are late with the rent, they owe you a ton of money? They play loud music, smoke weed and their dog craps on your lawn? Call the lawyer!?!?!...

Edita D. Protection of your personal assets: LLC or increase insurance?
27 November 2012 | 26 replies

WOW, were were looking into putting our few units into an LLC to protect our personal assets in case tenants sue, and my accountant just advised me that apart from paying to FORM an LLC, there will also be an 800$ tax...

Ryan Gyllenband HELOC in Texas on Investment Property
4 September 2024 | 39 replies

Has anyone had success getting a HELOC on an investment property in Texas? WF and Chase used to do it but stopped due to COVID. Looking for any banks that still do it. I’ve checked with every credit union and small...

Jeff V. Purchase with Bond for Deed with a Lease Option Exit
12 September 2015 | 20 replies

Hello Everyone...I would like to get some insight/advice on my strategy.I've been doing some digging into lease option strategies lately.  Recently Read Wendy Patton's book on Lease Option and Sub 2...  Most of her ma...

Wendell De Guzman 5 Notes in Ohio (what questions to ask)
15 March 2014 | 15 replies

I am an absolute newbie with regard to buying notes. I have done over $15M worth of real estate transactions but have yet to do a single note transaction. So...note experts, need your advice. But before I ask for y...

Ashley Roush Applicant has no social or driver's license number
6 November 2022 | 30 replies

We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....

Nancy Allen Finding & Working with Contractors
16 July 2015 | 10 replies

I have been reading the posts about working with contractors and would like some additional information on:- What are some key questions to ask a contractor you are considering for your project?- What red flags do you...

Jose T. Bidding on Second Mortgage at Auction in 2 days, big questions
3 June 2023 | 18 replies

I'm interested in bidding for a home at auction. There are two mortgages on the same property going to auction within 3 weeks of each other. The first mortgage that is going to auction is a secondary mortgage. If I ...

Edith TenBroek How do you make an offer from a distance?
26 June 2014 | 20 replies

So we are partnering with one of hubbies co-workers. He has the cash, but not the time, while we have the time, but not the cash. So he is willing to buy the property, and pay the downpayment and closing. But he...