Jared Saunders
Converting a 32 unit hotel into apartments
Hello,I am currently going through the process of analyzing my first large multi family investment. The building itself is an old hotel that had suffered from minor fire damage on the residential end of the building. ...
Aaron Fox
Creative Investing Scenario and Questions
*Sorry for the long post, but we'd appreciate any feedback we could get! Thank you in advance!*My partner and I found a property that we believe we can do some sort of subject to, lease option or some other form of cr...
Daniel L.
liability of buying renovation materials
I'm a newbie investor and heard a rehab gal Robyn Thompson vehemently state one time that she would never buy materials for her renovations because it would open her up to being considered as a GC/employer if ever sue...
Chaim K.
clear title - Tax deeds
What is the difference between the title given by the county after purchasing a deed at a tax sale and the clear title claimed to be given by the company "Tax Title Service"? Doesn't the tax sale clear all liens and e...
Matthew Thomas
Getting liability insurance on auction property before previous owner is evicted
Hi All,I have not gone down the path of auctions in the past and there is one near me that is currently occupied and will be auctioned off in the next few weeks. I am interested in bidding on it and as a part of my ...
Rachael Collins
Property Taxes owed from two years prior to my purchase
I purchased a property in December of 2014 and have just received a default tax bill from 2012. My current year taxes are paid. This default showed on the initial preliminary title report I received and I inquired abo...
Kayleen Wharton
Suing a city hired contractor over lost rent?
Hi! I need to know if anyone has a similar story and how it ended for them, or any advice on how to proceed.We bought a rental house in June 2016 that needed LOTS of work. We noticed after finally getting the water on...
David D'Ambrosio
Cash out Refi of 1031 exchange
Lets say you use 100K of capital gain to buy a 100K rental property using a 1031 exchange. Can you shortly thereafter do a cash out refi, take that 80K in cash without owing tax on it? I may be in a situation soon ...
Greg Perkins
Is Lease Option or Subject to possible in Texas?
Im just a few months into my REI education and I'm intrigued with Lease options/seller finance/Subject to situations. I've seen several "mentors" aka possible gurus mention "not possible in Texas". Can someone guide ...
Account Closed
is it worth having a lawyer look over my contracts?
i got the "purchase and sale contract " and the " agreement to assign" from the BP website.
are there any extra clauses i should add?
CONTRACT FOR THE PURCHASE & SALE OF
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