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My dad and his wife recently passed away in February. And since then I was made the executor. They left behind a mobile home that their upside down on. They owe first mortgage $66000 and second mortgage $35500 and rea...
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Thank you to anyone in advance that could help me with this loaded question / situation. My father use to own a piece of industrial land with two commercial rental bays on the lot. About 9 years ago he transferred tit...
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I just met with a lawyer this morning, he wants 1250 bucks to do my LLC formation papers, I understand I can do this online but I want to make sure that everything in the future that I do is air tight and Im willing t...
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What are peoples take on setting up a corporation or something along those lines for their investments? Up to this point we have done it through our personal accounts. Are there any benefits to setting up a corporatio...
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I contemplated on posting this article but decided to do it, since it's valuable information. These are some things a lot of us don't want to think about but should consider because you never know...Here's the article...
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Hello all,
I am watching this property and the status is occupied, the listing says do not disturb the tenant. Also no title insurance is offered at closing. It is a reo but then I did a title search by the last own...
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Hey All,
As I contemplate my next steps I wonder what the hive-mind's thoughts are on the LLC question. One per property? One for a portfolio of properties? One for all the properties no matter where they are?
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Hello BpMy tenant in the duplex property was defaulting on rent and after eviction filing, we came to a mutual agreement which was signed by Judge to make the rental dues (900) and leave the property on 7/21. Morning...
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HI dear all, I just close my first SFH rental deal in C+ neighborhood. While working to set insurance, I've noticed the insurance company DOES NOT cover intentional damage caused by tenants. They said that maybe some ...
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Hello,I was wondering if someone had some insights on what happens if someone wins a property Tax auction bid on a defaulted property.I saw a property listed for tax Auction and with some more due diligence I happen t...