Sharad M.
Just put a REO under contract
Hello all,
I had put an offer on an REO 10 days ago and I just got a call from the listing agent that my offer has been accepted. I looked over the purchase agreement and it states that the deed will be transferred v...
Andy Crawford
New Investor- Best Asset Protection Strategy?
I’m closing on my first SF Rental Property in the Cincinnati area. I’ve filed for my first LLC and plan to quit claim deed into this entity after the loan closes. I’m planning on buying at least 3 properties by year...
Mike H.
Quit claim deed question
I’m considering buying a small vacant lot that came my way from some direct mail. The seller already has it listed with a realtor. ls it possible to buy with a quit claim deed when a seller is selling through a real e...
Brandon Watson
Alabama and Tax Deeds
I purchased a tax deed from that state. From my understanding of the deed, the land is now my property. I had it recorded and assessed. now on the county website, it shows changed owner and list me as the new owner fo...
Jean Paul Rousseau
Capex expenses
For buy and hold investors, to analyze your return, you have to take into account the capex expenses. I really don't know how to handle it.In a recent post, Brandon Turner estimated that 182 $ per month have to be put...
John Adamkewitz
Parceled off to Sign co. on Land Contract, what happens after Forclosure
Hi BP,
10 acres Commercial property for sale, foreclosed on about 4 years ago, now owned by out of state investment company. Property has been for sale for 2 years now with a price reduction every few month...
Debra Murray
Hiring a property manager
I am working a contract with a property management firm (to manage a few single family home rentals only) and they have a paragraph stating that I would pay their attorney fees in the event that they get sued.Does any...
Chris C.
Can I charge a service fee - Tenant lied to me
Yes, I know. Being lied to is nothing new but here's the story:Last Friday, they we complaining that their stove wasn't working (eventually we found out their complaint was that one of the 4 coils/burners got "too" h...
Elijah Jay Dangerfield
Owner Financing Help
Hello!I recently found myself in a situation where owner financing is an option for me to get into my next deal. I am working with the owner now on a set of terms that works for the both of us. I am now frantically se...
John Lindemann
Structural Engineer causing major issues for closing
I own a house in Broken Arrow, OK (a suburb of Tulsa, OK) and I have had it under contract since Feb. 6th with an expected closing date of March 10th. Initially, the buyer hired a general home inspector to look over ...