Jonathan Makovsky
Short Sale Approved - Seller Won't Sell (Next Steps?)
We have an approved short sale and the listing agent just informed us that he will not sell it anymore. Our contract is valid, enforceable and past any contingency periods. Our attorney advised us to file a lawsuit an...
Tamika Rue
Update on Tax Certificate
Hello everyone, back in May I got my first lien certificate. By me being to anxious I purchased one that was already occupied. Huge mistake on my end. I then learned that with a tax certificate I couldn't evict right ...
Quentin Johnson
Let's get creative - Deal Brainstorming
I was approached about getting in on a deal for a condo in Dallas County. The condo had an electrical fire about a year ago and the owner has been making mortgage payments and rent at their new place during that time....
Lingo Lin
Do you put your rental properties into Anonymous LLC?
I have my personal home under my name and am considering putting it under an LLC, I did research which took me further into considering putting my own home as well as any rental properties I own in an Anonymous LLC. T...
Your rental property is at risk. Maybe not now, but in the near future, you could face property damage, the need to rebuild, or an angry tenant/guest filing a lawsuit against you. What do you do? Don’t get too sweaty;...
Antonio Porta
Structured Settlement as INCOME for Rental.
A prospective tenant applied for one of my apartments. She has listed as income "Structured Settlement (Lawsuit)" coming in for about 67% of her income, the other 33% of her income is from her actual job. Is there a ...
Amanda K.
Evictions in Alabama?
Hi Everyone!Can anyone comment on their experience with evictions in Alabama? I have a section 8 tenant in Birmingham that hasn't paid their December portion and doesn't look like January's will be coming soon. I do ...
Rachel Hughes
Can I 1031 exchange these 3 properties? Y/N?
Property 1: Purchased as primary residence in Feb/2020. It is a SFH with an attached in-law suite. Main house has been a short-term rental since March/2020.In law suite was my primary residence from Feb/2020 - Feb/202...
Denise Evans
Alabama Tax Sales and Investors Who Wait Too Long
A new Alabama Court of Civil Appeals decision on Friday January 12, 2018 makes it clear that Alabama tax sale investors who wait too long to take possession forfeit their rights.The issue is about the short statute of...
Adrian Zarzycki
Would you buy a property with active builder defect claim?
Hello Guys,I am looking to buy my first home/investment property. I am from Colorado and found a few good deals on townhouses in Denver- Green Valley Ranch neighborhood. The only problem with those properties is that ...