Sandra PIrtle
Lawsuit protection inside self directed accounts
Does buying real estate under my 401K or IRA provide any additional protection beyond the fact that they are owned under LLCs, which are owned by the fund?
Dan Perrott
What is a Trustee's deed?
I am reviewing a listing in the MLS and it contains this statement:"Subject to bankruptcy court approval. Trustee's deed and sold as is where is."What is a trustee's deed and what impact would it have on me purchasing...
Jennifer Jackson
Anderson Advisors - C-Corp
Hello!I live in Minnesota and am a new investor and new to everything. I am confused and unsure of what to do. I am trying my best to educate myself, but when there is conflicting information, I second guess everyth...
Carol Hensal
Bad tenant finally left. Deposit refund.
After several months of non-payment, and over $4,000 of lost rent payment, she's finally gone! The unit is a mess and will need at least $1500 in repairs and clean up. We still have $750 of her deposit that will be ...
Sam Fong
Tenant screening and Church is paying for his rent
Hi BP,
I am currently in the process of accepting applications to rent out one of my units. One of the applicants who applied is a very polite young man who is married with 2 young kids. He works at a local c...
Joe Black
Tenants Moved out and Damages in the property
Hello, the tenants of one of my condo property were served with (3) days for not paying rent and they moved out; however, they damaged the walls (holes), doors (cracks), broker shower handle, etc. Both tenants are on...
Alex Wilson
PA Tax Upset Sale: Can I sell/assign my winning bid?
I made my first upset tax sale purchase 2 weeks ago in Columbia County PA. A nice 1.1 acre wooded lot with a creek right off the highway (with a fire-damaged house) for $3500. It came with a $4500 PA public assistan...
Bob Malecki
Help w/matured 1st note with deceased borrower and heir occupant
I'm doing my DD on a 1st position note on a home in GA. This was a 15 year note that matured in 2015. The borrower is deceased and from what I can decipher a relative is living in the home and states she has ownership...
Tom Sylvester
Entity Structure
My partner and I just closed on our first property (a duplex). We are now looking into what type of entity we should create.
We would like to create an LLC to hold the property, but the fees on a multi-member LLC in...
David Roberts
HeLOC Question
My girlfriend and I bought a home in 2010. We now have at least 100k equity in it. My girlfriend has the mortgage in her name and I was quit claim deeded to the house. Can I get a HELOC on this house? I assume I c...