Brian W.
Question about ability to pierce corporate veil with real estate held in LLC
If I buy a single family home to rent out in my name with a mortgage in my name, then quit claim the deed to my real estate LLC with the homeowners insurance for that property in both my name and the LLC's name, will ...
Tim Wilderbeeste
Wells Fargo won't allow us to place property in LLC
As some of you may recall I made some inquiries on here a few months ago about the best way to protect our real estate holdings by placing them in an LLC. Well we consulted a lawyer and began the process through him o...
Kelly Bellini
Does this info I found on Facebook legitimately matter?
I'm in the process of finding new tenants for one of our houses, and I've pretty much got it narrowed down to this single mom and her 3 kids. But, there's just one thing bothering me, and I wanted to reach out to you...
Axel Ragnarsson
Growing a portfolio of 350+ units by 27 y/o - what I've learned
Last week, some partners and I closed on a 42-unit property in Daytona Beach, FL. This deal puts our company over 350 units, and I wanted to share some things I’ve learned while we’ve grown the business.
Full disclo...
Kent Renshaw
Besides filing a Memorandum of Agreement, how does a contract buyer protect contract seller from mortgaging the property. And if they do, who is first in line?
Scenario: Contract buyer and seller enter into a Contract for Deed. Buyer immediately files Memo of Agreement in the situs county. All goes well for two years and Seller applies for loan. Mortgage Lender realiz...
Courtney M.
WHAT THE HECK? Fannie Mae being shady?
Hey guys! I am in the process of getting an REO under contract through Fannie Mae, and LAST MINUTE they sent me this bogus Real Estate Purchase Addendum that TOTALLY negates the terms in our agreed upon offer.....My a...
Robert Clement
Received Rent Payment right after filing eviction
So after some back and forward trying to get part of Oct and November rents, we decided to evict them on Friday, and just after we filed the eviction we received the rent, but we still have not received late fees ($10...
Jake Kucheck
San Bernadino Trying to Eminent Domain Away FCs
[/url]http://www.examiner.com/article/san-bernardino-county-considers-eminent-domain-as-a-solution-to-foreclosures[url]
Anybody else hear of a city or county trying to implement a strategy like this?
In a somewhat r...
Zach Nelson
Tenant caused mold from leaving unit humid, who pays?
I have a tenant who lives in a walk-out basement unit in central IL. She rarely runs her heat and hasn't used the A/C once in the two years she's lived there since being sunken into the earth keeps the unit fairly co...
Kenneth Rose
Should I focus on finding my first investment out of state?
Hi Everyone - I am new to Bigger Pockets and looking for some advice. Hopefully, this is the right place! I am currently living in New Jersey and finally working towards my first investment property (multifamily/Airbn...