Sharad M.
Legal issues with pre-foreclosure letters?
Hello all-
I have couple of questions about pre-foreclosure letters to homeowners:
1) Are there any legal issues with sending letters to homeowners who are in default of their loans? Have you guys run into any legal...
Kyle King
Mother (owner) DIED before she signed contract but...
Property: Small MH park
Price: 50% Appraised value
I'm in the middle of very interesting distressed sale on a MH park in Texas. It seems that the owner of the MHP is a little old lady, who had given total control...
Justin Johnson
Denial of Potential Tenant Application
I have just had two applicants that one does not meet my criteria, and the second does but the situation sounds very fishy and suspicious. They have both used my Apartments.com listing to submit an application for th...
Chris Lieder
Need Help! Duplex Deal Evaluation and Section 8 Question
Sorry, this is long, but there's a lot going on here...
Tenant Issue/ Section 8 Question:
I'm in escrow on a duplex that I will live in one of the units on. I am still in my due diligince period, which ends on 11/2...
Steven Luttman
Meth, Domestic Violince and a Cash for Keys Buyout
Hi all,I'm sharing this story in hopes others can learn from what I found to be a tough (and at times incredibly uncomfortable) situation, as well as looking for any insights as to how I could have handled this differ...
Scott Smail
Wholesaling in Oklahoma
Hello all,I'm trying to find out if wholesaling in Oklahoma is legal without a real estate license. I found a site stating it was illegal and another stating it's legal?? If anyone knows the truth that would be grea...
Westin Hudnall
50/50 partnership. Difference between dissolving a partnership and exiting a partnership ?
Hi Gurus and Gurets ;)Our business has 8 rental properties meant to be held long term:My business partner says there is a difference between exiting a business through exit strategies listed in an llc and disolving a ...
Terri Lewis
What should I do about the EMD
I am not sure what to do over the EMD. Being new to wholesaling, I think I did it wrong. Just that the deal came to us and I wanted to try to follow everything through correctly, and quickly. So after the contract was...
Jack B.
Realtor rental scam?
I had a Realtor call me a few weeks ago, leaving me a voicemail offering to rent the house for me for a 25% fee. I never called him back or otherwise communicated with him. I had never solicited his services, he just ...
Patrick Stuckwish
Lease option investment idea
Hello everyone! I was just reading an article about the basics of lease options and I had this crazy idea. Please take a look and let me know if something like this would work or if it’s completely nuts. Thank you Lo...