Kati Bucciero
question about liability section of property manager's contract
I am reviewing the contract for a new property manager for a rental condo. Should I be worried about this section under the liability portion? It seems a little too open to me. Does anyone have any thoughts or recomme...
Christopher Smith
This Proposed NY Senate Bill Scares Me!
https://www.nysenate.gov/legis...
The above bill is very concerning to me. I have diligently paid off most of my mortgage debt and now rely solely upon rents from my very modest portfolio of properties. How can it be...
Nate J.
Possible to get loan using a deed of trust in 1st as collateral?
Hello, I have a $50k deed of trust in 1st position on a property worth around $500k. There are no other liens on the property and the balloon due date has already passed. Long story short but I have an additional judg...
David Piqueira
Choosing a State for LLC Incorporation
I have spent a fair amount of time recently trying to figure out which state makes the most sense to form an LLC. People say great things about DE, WY, and NV. Mainly in regards to purported tax or privacy advantages....
Daren H.
Small Investors and Umbrella Insurance...Waste of Money?
I currently own 6 single family rental homes in my own name (value ~700K total). I have landlord policies on each. The general/personal liability coverage on each policy is $100K. I also have the general/personal liab...
Erica Nagle
Success Path and other frauds...we can stop them
We are looking for others to join a lawsuit against Success Path, Flipping Formula and other companies involved in taking millions from people promising things they never deliver. The more people we can get to file th...
Christopher Smith
This Proposed NY Senate Bill Scares Me!
https://www.nysenate.gov/legis...
The above bill is very concerning to me. I have diligently paid off most of my mortgage debt and now rely solely upon rents from my very modest portfolio of properties. How can it be...
Jon Chung
Taking Over a Loan in Collection
Is it possible to assume a loan from someone hasn't been paying the lender?
For Example: Lender has a foreclosure lawsuit against a borrower because the borrower hasn't paid their mortgage in over a year. There are ...
Davin Ramage
Do You LLC?
In beginning my investment career, am i better served to have an LLC?
Paul T.
All my REIs are in an LLC! Why am I being personally sued?
LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...