Brad Gibson
Seller Wants to Back Out After Contracts Are Signed
Submitted a full price offer for a 3/1 with a guest house. The numbers work great after house is rehabbed. Offer was signed yesterday by seller & I paid both earnest money and option fee. This morning, the agent c...
Aaron Christen
Transferr property into LLC
I am purchasing a 4 unit apartment building in my hometown in Wyoming. I am using Guild Mortgage, from which I heard of on one of the podcasts, and we have a branch in my town. I was going to purchase this property wi...
Brian Bradley
Asset Protection Trusts (Domestic vs Foreign) why it matters
What is an asset protection trust? Who needs them? Where do you set them up? Lets jump into this.
Lets start with the need for asset protection and why asset protection works. Asset Protection works by removing the ...
John Underwood
Why an LLC may not protect you from a Lawsuit
I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...
Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
William Hall
Follow Up to Legal Issue Post
Last week, I posted a question about a somewhat complicated legal issue surrounding a DOT that was part of my father's estate that never got recorded, then the debtor/prior owner was able to go back, refi the property...
Megan Thomas
Purchasing land with multiple (40+) and missing heirs
Hello BP! I'm interested in purchasing a property with multiple heirs. Currently, 44 heirs have been located and have agreed to sell their portion, BUT there are a few heirs that no one has been able to get in contact...
Matt B.
No heat and water in rental property
Hi All,I own a rental property in a condo development in NYC. One unit a few condos away is vacant (owner was foreclosed on). There is not heat in that unit and the water pipes keep breaking. As a result, they had to ...
Nat C.
Who do I sue first?
I purchased a property in Dade County in 2013. The property was on the same parcel as another condominium building.The purchase contract stated this in the additional terms-“Seller, as a condition subsequent to closin...
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
In 2023, I invested in some Norada Capital Management 7 year Promissory Notes and last week less than one year after signing the last note, I receive a "form" email addressed to "Valued Investor", dated June 20th, 202...