Tom Goans
Meth Lab Concerns
Meth Lab Concerns
My biggest concern these days is discovering a meth lab in an investment property.
The last time I checked, there is no insurance coverage to protect an investor from the costs and loss. It is my u...
Elaine E.
Listing Agent Missed Capital Fee on the HOA Disclosure
We are under contract, but the listing agent did not disclose the Working Capital Fee in the HOA Disclosure. The cost is $851. Can we hold them responsible? This is one of several mis-represented or negligent disclos...
Curtis Denny
Deposit return
Hello all, just closed on a tri and lo and behold had a move out before I could collect my first month from him. He did tell me he would be out before the first, and he was. No forward address. How long before he forf...
Mike Hartzog
Extending an Open Ended Loan
Has anyone done an extension on an open ended loan? I am familiar with the concept, but not so much with the nuts and bolts of how to get it done. I believe there needs to be a new note and security instrument. Not...
Eric Piccione
Turnkey Investment for First Property, Few Questions Though....
My wife and I are interested in turnkey investing towards a duplex. However, we could not find any information about what happens if we do not need their services anymore. 1 Is it possible to tell them to scram and th...
Matt Meyers
Setting up a LLC in Indiana for out of state investors
Does anyone have experience setting up an LLC in Indiana when you do not live there? We've started the process, but are being told we need to either be a resident of the state or have an office there, which we aren't/...
Erick V.
Scenario Question..........
I buy an HOA lien through foreclosure and get on title. If the borrower is deceased, and the 1st lien payoff balance is less than market value, can I sell the property?Or if the payoff balance is more than MV and I ha...
Jeff Bisgier
Form an LLC.....Yes? No? Maybe?
Hi Folks,I was hoping not to have to write an new post about forming an LLC as there are tons of them on BP, but after reading through so many forum posts and reading articles on both BP and other websites, I'm more s...
Stone Jin
Toledo REIA Lead Law
I've been getting email from Toledo REIA regarding how all "rental" homes need to be in compliance with lead. What does this mean for rentals in Toledo?This legislation will require: “the presence of deteriorated pai...
Jordan Jaramillo
Due on sale clause &
How do I transfer my triplex into an LLC without triggering due on sale clause?