James Hiddle
Wells Fargo Cancels Trip To Vegas For Employees
WASHINGTON – Wells Fargo & Co . abruptly reconsidered a pricey Las Vegas casino junket Tuesday after a torrent of criticism that it was misusing $25 billion in taxpayer bailout money.
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Danny Scott
Foreign Series LLC in Non-series State
Hello there,Looking to create series LLC in Nevada (series state) for rentals located in NC (non-series state), and register in NC as foreign entity.Since NC does not recognize series LLC, I'm concerned that NC does n...
Corey Reuter
Previous owners' tenant died, left lots of personal property
Hey Bigger Pockets Community - I am putting in a cash offer on my third duplex (very exciting) but there is definitely a unique twist. The previous owner rented to an tenant that passed away TWO YEARS ago. The owner n...
Francesco Ferrero
Private Investor Loan 3 Years 7.2% annum
We are looking into getting a private Investors Loan of 120,000$ with these Terms. We are calculating our repayments to be around 2700$ Would this be correct? Also we are not quite sure what point 3b means for us.... ...
Saji Ijiyemi
HOA Violations on Auction Property
I'm closing on an REO/Auction property next week. The bank just notified me that there is an HOA violation on the property -- a tree was uprooted and needsbto be planted back -- they want me to sign a form to say I am...
Mitchell Benson
REO, Getting on the Account, Assume the last mortgage?
To get straight to the point. There is a home down the street listed on HUBZU. I"m the winning bidder for 5 straight weeks. They lower the price about 6-8% per week. Just 2 more weeks or so and it would have been a gr...
Scott Weaner
When to Accept/Reject a Tenant with a History of Collection Judgements
I am about to make some decisions about our first rental property. I have a possible tenant, but have concerns after looking at the credit report. This is a husband/wife, with the husband being the sole earner. he qua...
Christopher Hall
I'm confused on how to value a MHP
Most MHP I see for sale have 60, 70, 80% MHP owned homes. The sellers show the NOI for the lot rents + rents on the mobile homes, and then CAP that at 10-15% and put it up for sale.Isn't the proper way to value these...
Ryan Johnston
Seller’s Escrow Account with sub 2 deals??
In a Subject To transaction, how do I handle the seller’s escrow account? In particular, what happens when I am doing a short term purchase, for a flip or wholetail, and I’m going to be crediting my end buyer with t...
Jason Morrow
Developing a brand with a rehab or flip company
I am well into reading E Myth now and like many others it recommends developing a "Brand" for a company to create the value rather than in the product itself. Because of the separation most of us will have due to not ...