Tim Viviano
LLC and piercing the corporate veil
I am interested in hearing opinions (not legal advice of course) if you have the time to respond. If I purchase a rental in my name, keep the loan for it personally, and deed the property to my LLC does that make it e...
Christopher Ballesteros
Incentives and Consequences for Tenants
Considering the supreme court is allowing the eviction moratorium to remain in place, what incentives can you offer tenants to ensure they pay their rent month-after-month?Furthermore, what consequences do you have in...
Greg B.
Have you ever thought about owning the golf course?
http://www.star-telegram.com/2011/07/17/3227011/lenders-to-sell-3-golf-courses.html
I don't golf but I have a lot of friends that do. Wonder what it would take to keep a golf course in the black? What are the many ...
Bobby Nilsen
Using a Same-Company CPA and Bookkeeper vs. Independent from each other CPA and Book
I was having a conversation about CPAs and bookkeepers and wanted to get your opinions on the pros and cons of using a CPA and bookkeeper who are the same person or part of the same company, versus a completely differ...
John Thedford
NPN 1st-3 Year Balloon--Due 1/2012--Note Not Enforced
Hello all:
Got a potential note seller wanting to sell one under these circumstances:
Approx 74K face value
7% interest
Balloon due 1.1.2012
Note holder has not called note.
FMV of RE securing note is approx. 80K.
Ask...
Barrington Duncan
2nd Foreclosure for a Family Member
One of my family members house haves gone back into foreclosure for the 2nd time . The first time I suggested to file for bankruptcy to stop the foreclosure and it stop it and I got her a lawyer to handle the repayme...
Account Closed
11 Places to Find Foreclosure and Pre-foreclosure Listings
Every serious real estate investor should know how to find foreclosure and pre-foreclosure listings. If you don’t know how foreclosure and pre-foreclosure work, you could be missing out on some potentially great barga...
Jim Majoros
Is it Legal to get a seller to hold the Mortgage in Pennsylvania?
I am being told by an attorney that because of the Mortgage Licensing Act of 2008 I cannot get a seller to hold the paper. I do not understand because I hear of people doing this.
Brandon C.
Property company went bankrupt - left with no deed
I've been reading the forums for a while, but never posted. My in-laws told me about a situation they are going through and this was the first place I thought to post to seek advice. I just heard about this this morni...
Bill Gulley
Do You Need A License? Which One? Why?
This is a topic with many opinions, many are just wrong missing the underlying requirements for the different licensing issues related to real estate ventures.
Areas where licenses may be or are required include, but...