Jessica Yau
Messy prelim title report
I'm looking at a multi-family deal in Oakland and have been reading through the disclosure docs. First time I have ever come across such a messy prelim title report. The sellers haven't been paying their City of Oakla...
Peter J.
Notification to mortgage lender when taking insurances
I am about to start the renovation of a house I own.I'll take a builder's risk insurance to get insurance protections during the construction.There is a mortgage on that house.I'll have the mortgagee's name on the bui...
Wes Waggoner
Assignment of Insurance Claim
I have a potential seller that has an open insurance claim due to a house fire. He's ready to move on to live with family elsewhere. Any experience or advice about getting the insurance claim assigned to me? My though...
Ben C.
House Flipping ROI Question
Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...
Ori Skloot
Creative Purchase Idea Prior to Tax Deed Sale
Hey folks,I'm looking at a tax deed sale in CA. There is one particular property I would like to buy before the auction. Here is the rub:Property is held in title by a Partnership: Johnson and Cooper PropertiesOne p...
Ross Alcorn
LLC Structure & Bank Accounts
I own 3 properties all 3 being used for medium term rentals. What the best way to set up the properties to protect us from Liability. I see so much out there and it can be quite confusing at times.This is my plan but ...
John Weiss
Indemnification Clause in PM Agreement
Looking to hire a PM was going over the agreement. Saw this and it kind of concerns me that basically im on the hook for any stupid thing they do. As a General Contractor when i manage a site im used to being the one ...
Angela Yan
Refinance or sell my commercial multi family units
I acquired my 9 unit and 4 unit multi family units in 2018 and this month i am finally done seasoning them. I rehabbed and renovated them raising rents from $500 per month to $700 to $800 per month per unit. They ar...
Joe Stout
Selling a Seller Financed Deal
Hey guys! I've got a deal I'm going to have the seller finance 100% of at a 1% interest rate. Assuming this deal closes, what will happen when I want to sell the house? How does this work with the mortgage on the home...
Mike Sedlacek
Discussion on froeclosure fraud.
It seems to me that a bank foreclosure on a persons home is nothing more that a bank rip off destroying a families life. Think about this - When a bank offers a home buyer money to purchase a home and the deal goes th...