Al Skerrett
Can you do a 1031 Exchange for an auction property?
Can you do a 1031 Exchange for an auction property? Has anyone done a 1031 exchange at a foreclosure auction or any other type of auction? In most counties in my area you have until 5pm the day of the sale to pay for ...
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Subject 2
Would this work if Joe Buyer took a property subject 2 in a Land Trust ?
1. Agreement and Declaration of Trust - The seller would be the beneficiary and Joe Buyer would be the Trustee. Right ? Before you answer this ...
Mike Curadossi
Recurring online rent payment?
So I came across a problem today... I have been using Intuit Payment Network (product of Quickbooks) to collect rent for 3 of my properties. I went to add a 4th and 5th property today and I found out they no longer ...
Warren Shinnamon
Do I need an LLC, or is Landlord Insurance enough?
Hello! I own a single-family house in Portland, OR in my name. Purchased in October, 2021, for $528,000. 30-yr fixed rate mortgage at 2.875%, $85,000 down payment. Currently ~$425,000 left on the mortgage. WIth proper...
Godsheritage Adeoye
How to takeover Subject to loan
Hello, I’d like to know how investors typically handle Subject To contracts. Do they use a servicing company to make the payments directly to the , or do they make payments directly to the seller and hope they pass th...
Christopher Russell
Florida title insurance companies do not endorse. New policy or General Warranty Deed?
My family and I own a condominium building and we want to reallocate certain units within the building. In Florida there are no "endorse" options within a title insurance policy. The only thing they will do is provide...
Andrew Jessup
Can I Restructure to an LLC Owned by Family Trust
I have a former primary residence I want to convert into a rental. We would like to have the property to an LLC for liability purposes and then have the LLC owned by our Family Trust for Estate Planning purposes. Howe...
Curtis Marant
Roadblocked Newbie Problems
Hi All!!I'm Curtis here in South Carolina. I'm a newbie and this is my first post to BiggerPockets. This will also be my first purchase, so I'm very excited as well! However, I am asking for advice on the situation I ...
Harry Shmelts
Family member offering to sell me house $100k+ below market.
I have a close family member who wants to move out of their home and offered to sell it to me for a major discount. I am wondering the best route to take on a situation like this. As far as paying the least fees since...
Sourabh Bora
Divorce proofing a purchase through LLC / Buying in friend's name
Hi BP FamilyMy friend's marriage has entered shaky grounds, and it might end up in a divorce in future. But he has come across this amazing rental property that he does not want to pass. He wants to transfer the money...