Timothy Metra
Can someone explain how Dave Ramsey lost everything?
I don't understand how Dave Ramsey was screwed over so bad. He was young, had a lot of debt, but had about $1M in equity. He says the banks he went through were bought out and that the new owners wanted the debts paid...
Rob Street
Buying non-performing note of abandoned property
I am interested in buying a non-performing note of a property in California that is tied up in BK and has been abandoned for several months. Ultimately I would like to foreclose and acquire the property. The former ow...
Nick R.
Buyers financing fell through. Do I have any recourse?
Here's the scenario. After agreeing on sale price and having their inspection, the buyers and I agreed in a repair amendment that I would make certain repairs to my property which ended up costing me approx $4,500....
Chris Da
Will Section 8 go broke in the future??
Hello all. WOW 2 post in one night. Anyway...
I have recently been very interested again in pushing my real estate ventures to the next level. I have in my opinion done well with my current rentals, but now feel ...
Estefania Concha
Evicting Tenets that have lived in the home for about 7 years.
Good afternoon! Looking for advice on a tenant who I sent an eviction notice 60days ago and today I was told he was not moving. He states he spoke to a lawyer and they told him he did not have to evict since the notic...
Chris Martin
No need for an operating agreement, just ask a lawyer
I ran across this that came out of the Special Superior Court for Complex Business Cases, Cumberland County, NC.
Preamble: "An old saying declares that “the cobbler’s children have no shoes.” Lawyers may suffer from...
Tamara R.
Would you allow an easement for the neighbors water pipe?
Schitty situation. We just purchased a property to brrr. Last week the neighbor up the hill had a clogged toilet and had the rotorooter guys come out. When they cleared their drain our basement immediately filled up w...
Gary Fritz
Does last-minute addendum to closing paperwork have any force?
My son just (yesterday) bought his first house. It turned out I had to co-sign with him. I was honest and told the loan underwriters that I was picking up a new Tesla this week. They said I couldn't get a new loan,...
Mike A.
COVID-19 letters to tenants?
Is anyone sending letters to their tenants in regard to the COVID-19 outbreak? If so, anyone have a sampling of what they are using?
Chris Weiler
Setting up a management company for your own rentals
I have a number of rentals under multiple LLC’s. Does anyone have experience setting up a separate entity to manage the properties? I heard 2nd hand from an attorney that we would need a broker’s license in the st...