Tal Perry
Is this a Short Sale situation?
Hey guys. Have a new situation that I haven't dealt with before. Located a vacant property and also located the owner. Owner walked away many years ago, declared bankruptcy, but loan owners never completed foreclosure...
Account Closed
Recording Tax Lien Certificates
I have many tax lien certificates to record, but have not reached the 90 day mark yet. For those who buy hundreds or thousands of liens-- Do you record all of them?- If you don't record and the lien redeems after 90 d...
Stephanie Catterall
Statute of Limitations on a Notice of Intent to File Lien in CA
I received a recorded lien from the recorders office on 3/18/17. The HOA board approved the Lien on 12/7/16. I was never served with a notice of intent. The Property Management's website said they served me with a ...
Sylvia B.
Conficting information on NOLO
NOLO is often recommended as the place to go to learn about your state laws for rental property. I found something interesting today.On this page - http://www.nolo.com/legal-encyclopedia/missouri-termination-nonpaymen...
Abdenour Achab
How would you reach the homeowner or resident in these situations?
I live in California, and own six tax liens in Arizona for which the redemption period has expired. I mailed out the 30 day notice to start foreclosure on five of them over the last two weeks.
One of the properties i...
Kathy Welch
Is it to evict a paying tenant after buying a duplex in Maine?
I am purchasing a duplex for myself to live in one unit and my adult daughter to live in the other unit. The unit I will be in will be vacant per the contact I am currently under. The other one has a lease that expi...
Corey Reyment
Is it illegal to offer a finders fee for buying houses?
Can you offer a finders fee to people who give you a lead that turns in to a deal? There are some real estate agents in our area threatened by us and other investors (even though we buy properties that are not retail ...
Anthony Stoll
Property Management LLC
Hi,
I'm planning on flipping my first house this summer with a friend and we decided to set up an LLC to help protect our investment. Through legalzoom I created an LLC with "Property Management" in the title...
Adam Schwartz
Late Fees
In Montgomery County, MD the law states that interest cannot be charged until rent is late by 10 days. If an owner wants me to write language into a lease that late fees will be charged if received after the 5th of th...
John Trout
Advantages / Disadvantages of holding a property in an LLC
I was once told an interesting "trick" by a seasoned RE Investor. He said if you could find an investment property (say a SFH rental property) that was owned by an LLC, that you could save lots of money on the purchas...