Garrett Jacks
Seeking RE Attorney/Entity Advice
Howdy,
I've got kind of a unique situation and really don't know how to go about it. I currently reside in Florida and plan to start my wholesaling business here, but in 6 months I will be moving to Texas. ...
Will E.
Who Owns Defaulted Mortgages?
I have been told by real estate brokers in different geographies of the Western US that the local banks control more than three years of supply of homes that are in default but that they refuse to foreclose on. The ...
Phillip Trujillo
Owner Financed, Owner Occupant, Wholesale?
From my mailing, I'm constantly being contacted by owners of free & clear property that won't come low enough on pricing for me to wholesale, but are more than happy to do super reasonable owner financing deals...
Account Closed
Time of Essence (as buyer ).Seller is not moving out post closing
My wife and I signed the contract for a coop on Nov. 15 2017, and the contract states 60 days on or about closing date – that would bring the closing date ( with 30 days extension) to Feb 13th, 2018 the latest. We are...
Mike Barry
Question: Allowing tenant to upgrade your home?
Hello everyone,I have a tenant who has been asking to make upgrades to my rental property for some time. The most recent upgrade question I've gotten is due to their dog ripping out brand new carpet in the upstairs. T...
Nicole A.
This is why it's so important to know your local laws
Just wanted to share a huge reason you need to understand--or know how to research--your local housing/rental laws.I have a tenant that has recently started causing me a lot of trouble. She stopped paying her rent thi...
Matt Duffey
quitclaim my property to a LLC - do I giveup any deductions?
My wife and I currently own 1 unit in a 3 unit condo building. We are pursuing a second unit in the building and will need to put our current unit in a LLC. We will continue to live in this unit and rent out the uni...
Mike Rash
DEED IN LIEU - how to negotiate with 2nd and 3rd
This is a follow up to my previous post.
I wanted to buy a NPN note (1st Mortgage) from the bank and then foreclose (hence acquiring the property).
However, there is 2nd and 3rd Mortgage. I did some future research...
John Baptiste
Self Directed IRA vs 401k
Hello everyone I am new to the site and to real estate investing and wanted an opinion on whether to go with the SDIRA or the SD401k? I understand a ROTH cannot be rolled into the 401k though. Finally, I'm research...
Dana R.
Direct Deposit Drama
What are the tricks and traps that tenants can use when they pay directly into your account electronically?Currently, I use electronic direct deposit because I like not having to deal with late rents. But, now, I'm f...