John Sheridan
Denied title by title company
I am trying to close on a house and the title company will not issue a title. House was sold on a tax auction online now I’m purchasing the house for cash, my lawyer informed me the title company will not issue a titl...
TJ Addison
Sophisticated investors in syndication
Hi all!
I have a long term interest in doing a syndication deal or two. In my initial research and education I have noticed most of the syndicates interviewed in podcasts and blogging only accept money from accredite...
Ray Os
How to prevent lease break by tenants?
Hi all, my mountain rental house seems to attract mostly prospects who looking to move to the mountains from the city, most of the inquiries we get are "I sold my house and need rental until we find a new one" "we wan...
Chris Paul
Security Deposit Owed if Never Received?
Hi all,This is a strange situation that I'm hoping someone can give me a sanity check on:I purchased a home last year from a well-known company in Chicago that was forced to close earlier this year. The home was occup...
Taylor Rider
Should I get an LLC?
Hello BP,If I am considering renting my house out and moving into another home. Should I get an LLC? Whats your thoughts on why or why not? If not now then when should I? It would be the first rent home in my portfol...
Andy Mirza
Automatic Stays for Multiple Bankruptcies
(Not legal advice; just relaying my own experiences & understandings)When a borrower files a Ch 7 or Ch 13 bankruptcy, there is an automatic stay against all creditors from collecting on the filer's debts. As a le...
Jeff Cook
501 (c) (3)
Hey,
I am getting ready to close on a property in Chewelah, WA. The property is a mountain that is to become a land trust for a yet to be established 501 (c) (3) organization. The objective is to restore the natura...
Tina Wicks
Financing with Friends
My husband and I have some success in becoming buy and hold investors. We have 20 units and are cashflowing rather well. We have done this by ourselves for the past 3 years. But as we tell friends about our journey...
Jonathan Basden
Flipping profits to purchase properties
Could you flip a house and use the profits through a 1031 exchange to purchase a rental property?
Michelle C.
survey and title insurance
Hey Everyone, I'm new here and new in this business. I recently purchased a detached house (40*100 irregular) and I'm going to fix and flip in few month. Do I need to get a survey and title insurance? Thanks so much f...