Benjamin Noblitt
Strategy questions, Primary residence, STR, Cost seg, etc.
Hi everyone,I am a newbie here, and I am trying to learn as much as possible right now. I have been thinking about a good strategy for me to start off since I already own a home. I would love to see what you guys thin...
Lou Veiga
Deed Transfer prior to foreclosure
I came across a house that's going to be sold at a foreclosure auction. I did some research and found that the owner transferred the property from his name into an LLC about 2 years ago. Would that have any effe...
Joseph Lucas Jr
Series LLC.. Can I move it?
Good morning BP nation,I have just become aware of the Series LLC, which appears to afford much better asset protection than a standard LLC due to the ability to essentially nest entities within each other. Based off ...
Marcus Auerbach
Thank God I had an LLC!! - Said no one ever!?
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
Thomas Pham
Trada Exit Strategy
Hi Everyone,
Would anyone know of an exit strategy or heard of exit strategy from other investors of Trada? I am scheduled to close on a property next month from Trada and no longer qualify for the loan since I am s...
Rick Bradd
Eminent Domain question
Greetings, I have been lurking on BP for some time now trying to absorb as much knowledge as I can, I am primarily interested in learning to invest in notes. That said I have been following any news, forum updates and...
Julie Falen
Subject-2 buyer not performing
I sold a property Sub 2 in 2013 on a 5-year balloon. No escrow. Buyer sold the contract to someone else. Balloon was due in 2018. He has not performed, has not paid taxes or insurance so my balance went way up with ...
Holli Phillips
Sold a house on contract and now buyer isn't making payments
This past August I sold an investment property to a lady and gave her 2 months before she had to start making payments. She put $1200 down and have only received one monthly payment of $600. As of Jan.1, she will ow...
Joey Fontenot III
Land Trusts
I have read through a bunch of posts about land trusts on BP and am getting mixed signals on their worth. I wanted to know if you guys are utilizing them? If so what benefits do they have for your particular real ...
Dustin DuFault
Junior Lien Issue On My Foreclosure Purchase...
Hello - I'm hoping someone on BP can point me in the right direction.I bought and rehabbed a home at a foreclosure auction. I now have the home under contract for sale, but it appears I overlooked an issue with a juni...