Alex Locklear
First house under contract
I now have my first "deal" under a 2 month option contract.
I have the home under contract at 212K; I'm marketing it to sell at 220K. Not really a wholesale but more like trying to find an end buyer willing to pay 22...
Wendy Vaidic
Buying at Forclosure Auctions (On the Courthouse Steps)
When you buy at Foreclosure Sales at the courthouse what is your procedure?1. What's the most efficient way to find the property address as they are listed by a partial court case number withe the bank name and owner ...
Randall Re II
General contract issues and need help on how to handle
I have two properties in rehab right now 3 houses apart from each other. Before I put down a big 50% down deposit on the properties and only the roof deposit of half for one of the houses, he was great. Easy to talk t...
Ramsey Rimkeit
Paperless Billing - Legal Issues?
If residents opt-in for paperless billing by signing a paper, can other legal issues arise?If they don't pay their rent, do they have any legal rights to avoid late fees or eviction by claiming they never received the...
Carlo D.
What would happen and possible consequences if I just pulled the trigger?
I previously posted questions on this channel about lending money on the paperstac platform. Decided getting the licenses to be a lender in different states wasn't worth it. However, my question is, what would/could h...
Burt L.
If I File My Own LLC Annual Report- Name & Address Become Public?
Hello BP Nation - the thread title says most of it. I"m in Colorado and a business mailing address and the name of the person filing the annual report are required as is probably the case in most states. I two LLC's a...
Ivan Ivanov
How do you communicate with your tenants-text vs. email vs.letter
Hi all,Is text and/or email an acceptable way of discussing pending issues with your tenants? Or does any communication regarding rents, fees, utilities, etc. have to be done via mail? If for some reason you end up in...
Maugno M.
Ex-Tenant wants me to sign Affidavit. Whats that about ?
I had a tenant that rented from me for almost a year. (December 2017 - November 2018) He has been asking for for a couple months now if i could write a letter stating that he lived there for that period of time. He sa...
Sanchit Wadhwa
Close date while I will be out of Texas
I recently put an offer on a house (in Texas) and we are done with all paper work needed to get loan approved but escrow is not closed yet. I already had my vacation planned to go back to California. My concern is tha...
Roy Mitle
taking cash as 1st month rent
Is there any legal rule which prevents one from taking cash instead of check for rent...especially for 1st month rent.