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Results (36)
Cody Lown Owner leaving property management company. Where does deposit go?
21 April 2013 | 14 replies

Hi,
I've got a general question that I could not find on here. I apologize if it has been asked previously. Generally speaking, if a rental owner decides to end his/her professional relationship with a property manag...

Katherine Robbins Having a Trust run an LLC
18 January 2017 | 17 replies

Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...

Justin Hennig "Due on Sale" or "DOS" snap poll...
9 February 2014 | 75 replies

Has anyone done a conventional (Fannie/Freddie) loan on any of your investment properties, then transferred the deed into your Corporation or LLC to achieve asset protection?

IF YES, did the lending instituti...

Tim Ivory Fix and Flip using and OPTION to buy real estate, possible?
2 July 2018 | 24 replies

Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...

Joseph Parker Current deal just took a strange turn
11 April 2018 | 145 replies

Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...

Account Closed Would you get a house "subject to" at full retail value?
9 December 2015 | 19 replies

Would you ever use the "subject to" method to get a buy and hold property if you had to pay full retail for the house? I've watched several of my neighbor's houses sit for 6 months or a year with a for sale sign in th...

Josh Miller STAY AWAY FROM NREIG (National Real Estate Insurance Group)
14 August 2024 | 51 replies

I'm too young to have a heart attack but that's what I just went through dealing with NREIG.  Long story short I'm getting a portfolio loan through LimaOneCapital and they have some pretty specific request when it com...

Ashley Roush Applicant has no social or driver's license number
6 November 2022 | 30 replies

We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....

Rick H. DUE-ON-SALE-O-METER
8 June 2015 | 105 replies

Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.

Stephen S. How can I un-own a property ?
6 July 2019 | 118 replies

I own an now long since abandoned house in NJ.  There was no mortgage but the taxes and W/S bills now far exceed any possible value of the property.  The town used to clean up the property and then put a lien on the p...