Anthony Kondor
How can I find probate properties in Chicagoland area?
Hi Biggerpockets I am wondering how I can get probate properties? Where should I look and who should I reach out to? I need 200 Brick bungalow , and other 1 to 4 residential units probate properties by the end of May....
Cody Brinkman
Tax implications for benificiary
Hello BP,I am have been made aware of a potentially life changing deal and I need some specific tax info. A gentleman was introduced to me through a family member that has a large portfolio of apartment buildings has ...
Joe Deemer
S corps and ESBT Estate planing question
Okay i have a question but my English isn't really good so please understand.(also please do not make this post about why it does not make sense to hold property in an S corp, i already know why, and this is not the p...
Tara Allen
PMI - Your Heirs Get Nothing?
Hello, I’m a newbie from Massachusetts just getting started. I’m considering a loan on a personal property that would require PMI.In doing some research, I came across an article that said 1 reason to avoid PMI is tha...
Jon Pinkerton
Changing title on inherited property
My wife recently inherited her childhood home when her mother passed. The property was held in trust with my wife as the only child and successor trustee. We have not attempted to change anything on the title. We r...
Tom D.
My Parents Want To Leave Me Their House . . .
My parents have made a will leaving me their home. They're in relatively good health, however, I've read horror stories of families losing homes to medicare. So, I asked them to meet with a lawyer, thinking a living...
Michael Shadow
Asset Protection
Just looking for other peoples thoughts on what is the best way to protect your assets. I've heard so many different strategies it's hard to try and figure out which way to protect yourself. How do you have set your...
Joey Fontenot III
Land Trusts
I have read through a bunch of posts about land trusts on BP and am getting mixed signals on their worth. I wanted to know if you guys are utilizing them? If so what benefits do they have for your particular real ...
Ken Wang
Transfer personal assest to LLC
Dear All,I am in the process of closing a deal in Maryland. I have been buying property under my name, and don't have LLC set up yet. I wonder if I want to transfer the property I am buying under personal loan to LLC....
Account Closed
Note Assignment
If sell a note to somebody, does the lenders title policy and hazard insurance have to be changed to cover the new note holder, or does the coverage somehow automatically transfer to the assignee?