Bryan H.
Was your LLC put to the test?
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
Kathleen Miles
Agent Avoidance
Why would real estate agents who claim to be "investor friendly", not want to work with an investor who is wholesaling?
Steve Ramer
I think it may be mentor time
Hi guys,You might know that I own a couple of properties in KCMO from previous posts. Those are rentals, and they're doing okay. I've recently been divorced, and even though I have my kids 5 out of 14 days, my mainten...
Sarah Buchanan
Police damage property to extract burglar
This evening, a tenant of ours was notified by the police that a man they were pursuing had entered her home (our property). He was of no relation to our tenant, just happened to be running through the neighborhood t...
Ivan Jouikov
Anything illegal in this scheme?
Long story short:
- This guy, call him "Yao", bought a house for $400k a few years ago
- For whatever reason he wants to get out from under the mortgage but he's been making all his payments. His credit history is b...
B Cory
The Investor Proof Short Sale Approval
As most of you may know, Wachovia (A part of the Wells Fargo Company) has come out with a new Short Sale Approval letter stopping investors from buying the property, and marketing for a end buyer or putting a end buye...
Kelly Payne
How to do Cash for Keys with Illegal Immigrant
Hi guys,
I got a house under contract that also came with an unhappy tenant. The tenant's wife was living at the house under a L/O contract, which expired 8 months ago. The couple got a divorce, the wife moved out,...
Nick Sansivero
Bank of America announces zero down payment loans
Bank of America just announced zero down payment, zero closing cost, and no minimum credit score mortgages for Black and Hispanic first-time homebuyers. https://www.bloomberg.com/news/articles/2022-08-30/bofa-tests-no...
Mike B.
Sandwhich Lease Options
Can someone who has done these successfully and recently, please highlight the actual logistics of completing a sandwich lease option currently?If I get a property under contract as a lease option from the seller, whe...
Dylan Tettemer
Mastermind/ Meet-Up For Veterans and Active Duty
I am not sure if something like this has been started yet, but if it has I would like to join it!However, if it hasn't I would like to create something where past and current military members can meet up through skype...