Adam Greene
Legal Annoyances / the Normal for foreclosures in RURAL OK
1st. I love Rural Oklahoma for real estate.. buying REO, and distressed can be quite rewarding.. if a lot slower than someplace less rural.I have an accepted offer on a 4 bed 1.5 bath brick home on 1.62 acres of land ...
Seo Hui Han
HELOC on personal property before changing to rental: legal?
Hey everyone,My parents have recently told me that their house is too big for them (4 bedrooms) and they would like to downsize to a condo/townhome. They don't want to sell their home, however, but would rather keep ...
Micah Casey
Are Mobile Container Home Vacation Rentals Legal on Oahu?
Aloha!I own a few vacation rentals in Oahu and know that the city is trying hard to shut them down and recently passed bill41. I recently purchased a 20x20 expandable container home and plan to rent it out either shor...
Jon Rawlings
3 Family turns out to be legal 2 Family
I'm in the 10 day inspection phase of buying an owner occupied 3 family in New Haven CT. An inquiry to the city revealed it's a 2 Family. Has been rented as 3 and taxed as 3 as far back as we can tell (mid 80's). Ever...
Andrew Richardson
Looking for best legal structure for real estate investing
Hello,I am trying to find out/verify the best legal structure for real estate investing. From my research and listening to BP podcasts it appears that a series LLC with a operating company and holding company/s seems...
Alex Hamilton
Are Sales Subject to Existing Mortgages in Louisiana Legal
Anyone know if "Sales Subject to Existing Mortgages" are legal in Louisiana. I ask because I did one and ended up arrested for felony theft. The Bank called my loan on the "due on sale clause" after my buyer missed ...
Bob Sanders
Is this legal use of a Self-Directed IRA
I am a real estate agent and property manager with about a dozen properties and I plan on growing significantly in '23 and '24. My brother is a financial advisor and he was telling me that he has an IRA and he regula...
Avrohom New
Are there any legal issues with direct mail marketing?
Hello fellow Investors,I recently got a call back from a direct marketing campaign. The person on the other end exclaimed that it was illegal to send mail with an offer to buy an unlisted property! I have never heard ...
Jeff Deville
Legal Options for a lender with a deadbeat payee
I'm curious what options I have legally for this situation:I lent money for the purchase of a property. That loan was secured by a note only (yeah, I know. But this was my first deal and I didn't know then). The inten...
Atwan Kwan
"Legal-ese" = Adding Tenant to Lease PG county, MD
I HATE translating Legalese in contracts!!!!!!I have two students in a 3br at college park maryland. Looking to add a 3rd.....Seems like the standard is to screen, then just write an addendum they all sign....Does any...