John Thedford
SHTF: "We Buy Houses" Guy Sues When Seller Defaults
The title is short but may not reflect the entire transaction.Seller was approached by "buyers". After believing all the "buyers" representations were not true, seller defaulted on a contract which he signed. "Buyer" ...
Rebecca Wadsworth
Tax Deed Sale in Alabama
Hi everyone!
I'm new to Bigger Pockets & have been looking into investing in tax deed properties, so I thought this was a good place to ask my question.
I have 2 properties that I am interested in n...
Victoria Townsend
Attorney & CPA giving conflicting advice... help?
Hi BP,I live in California and I'm forming an LLC with another person (who also lives in California) in order to buy 5-10 rental properties (small multis) this year in Kansas & Ohio.My CPA is telling me that I sho...
Keith Meyer
Proper Configuration for Series LLC with Land Trust
BP Nation,I'm looking for some help on how to properly configure a Series LLC for asset protection with Land Trusts for anonymity. My understanding is that this is the best modern method for holding a portfolio of inv...
Account Closed
best way to protect myself???
So I am a greenback when it comes to investing in real estate. My plan is to take out an equity loan against my personal residence for a low rate @ 30 year fixed rate. I was thinking of taking $40k and purchasing a du...
Marshall Rousseau
Fair Housing Question
Since I became a landlord several years ago, I have always use the same screening process. When I show a property, I have prospective tenants show up dispersed every 10 minutes on a given evening. The typical evening ...
Bailey Coleman
Contractor job was not good should I pay?
I bought a SFR in a decent neighborhood on the east side. I am an out of state investor so I had to manage the project renovations while not being there. The contractor I hired did not do a good job and I feel like th...
Matt Liu
Each property: its own LLC, Debit Card, HomeDepot Card, & Quickbooks file?
I'm starting to really expand my portolio with a lot of houses. As it grows I'm also creating more LLCs. Isn't this going to get overwhelming to have in my wallet a Credit Card, and Home Depot Card for every property?...
Rodney D.
Does a Judgement Attach to Property or Owner in Foreclosure?
Here's a cool and interesting case that is happening tomorrow in Virginia:I'm looking at a property going to foreclosure which was purchased in 1998. Married wife/owner has satisfied multiple trusts and now has a 2...
Wes Brumit
Wholesale legality
I am in Texas and have firm confidence wholesaling is legal. However, when talking with a Real Estate agent friend, they weren't so sure. She thought it wasn't and couldn't wrap her head around the idea.
My f...