Daniel Kent
Taking a loan from an LLC partner
Hi all and Happy New Year!Hopefully this isn’t too confusing....My partner and I own a single family rental in an LLC. Let’s call this property 1. He has 75% equity and I have 25% equity, as we both contributed capi...
Margaret Feit
Need an Attorney to Look Over Insurance Policy & Claim Questions
I had a Tennessee STR burn to the ground in a wildfire last month. I'm planning to replace, but working with insurance on coverage. The insurance adjuster has sent me a Proof of Loss form to sign requesting my full st...
Vincent Plant
Contractor took my money!
I own a rental and the roof was in bad shape and the insurance co notified me it needed to be replaced or they would drop us. No biggie, I new going into it that it would need to be replaced soon so I began getting qu...
Kyle M.
Lease Language - renewing after 15 month term?
So I have a tenant who agreed to an initial 15 month lease term. I did this because of it starting in January and it being mutually beneficial for the tenant and myself. When it automatically renews I would like it...
Karen Reyes-Arenas
Title company refusal to release “lease back funds” to buyer
Has anyone ever dealt with a title company refusing to release the funds on an agreed upon lease back. So both seller & buyer agreed on a (residential temporary lease agreement) so that the seller will have time t...
Ciera Yorty
Does Seller(A) have to sign the Assignment contract too?? Wholesaling Help*
I've been learning everything I can about wholesaling and am stuck on this. I'm aware that both the seller and I need to sign the purchase agreement. But Is it important for them to also sign the Assignment sheet b...
Justin Spencer
Looking For Feedback On My 2021 REI Strategy
Hi there,I currently live in Mesa, Arizona - I live in a 5-bedroom/3-bathroom house.I live in the Master Suite and rent out the other 4-rooms @ $750/piece quite successfully and have a solid group of guys I find throu...
Rick Mosca
Getting Title Insurance when using Subject2 and wrap mortgages
I was wondering if it is possible to get title insurance when buying subject2 and then selling using owner financing?My title company said they could do it but they would need to contact the original lien holder, whic...
Jacob Hafer
Rental Application Process for multiple renters
Good morning! I am first time investor and am currently going through the rental application/property showing process. My question is that with the Rental Application, there is a $50 fee paid by the renters. Is this a...
Account Closed
Subject To - How an Actual Deal Worked - Including the Numbers
Subject To - How an Actual Deal Worked - Including the NumbersHere is how I did it: I was contacted by an investor who hadn’t done any deals successfully. She was a little afraid to make the jump on her own. She inves...