Chris Seveney
In Over Their Heads?
Background: Last week Arbor Realty Trust foreclosed on four apartment buildings in Houston. The Unpaid balance was $229M and the sale went for approx. $197M (15% discount). The borrower had short term bridge debt on e...
Account Closed
Forming an LLC out of state, living in California
Hi all,
Firstly, I would like to ask if anyone has a good real estate attorney reference in California?
Second, can someone help me understand costs around forming an LLC out of state while I live in California. I k...
Dale Osborn
Possible problems with title looming
How many agents who work with REO properties are disclosing to their buyers that they may not have a clear title to that property? Went to the local REI meeting last night and they were discussing how the banks and re...
Kelly Bellini
Which tenant would you choose?
My husband and I just finished up the renovation of our first investment property, which we'll be using as a rental. Our dilemma is choosing between two couples we met today. Please help us!!! Keep in mind, this ho...
James Sinclair
Wholesaling (Against the Law?)
I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....
Gregory Washington
Morris Invest Case Study 3.0
I was inspired by Tyler jahnke to do an honest case study for evertone about my experience with Morris Invest
Paul Stewart
Tenant is dirty but Pays on time
Hi Everyone So I currently House hack my home in Long Island NY. I have owned the property and lived in it for almost 3 years. I'm on my 3rd tenants that are a couple. They are very nice and always pay on time but be...
John Thedford
Our REIA Meeting With DBPR: re what is unlicensed brokering
We had the REIA meeting yesterday. DBPR was kind enough to send an investigator down and cover the topic: what constitutes unlicensed brokering. She did address one specific case where the file has been turned over to...
Mindy Jensen
What makes a great investment market?
There is a lot of debate about staying local vs. investing out of town. What factors do you consider when deciding what market to invest in? What do you think makes a great market?
Eli C.
When does forming a multimember LLC count as a security transaction
I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...