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One of the main reasons of using LLC to buy properties is to limit the liability. I have heard investors buy each property under different LLC's to further limit the liability to just that property. I think umbrella p...
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Hi everyone,
I have a quick question about purchasing a REO as a primary residence, but first some background info. Just wanted to get some thoughts/ideas.
I've had rental property for 6-7 years, all in Florida. I ...
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I have a couple basic (probably dumb) questions about a lease option.
First I need an option form that is tenant buyer friendly and hopefully adresses a monthly credit as well. What I have is very seller friendly and...
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I recently read a landlord law book which stressed, although landlord should stay out of domestic/roommates disputes, that if a tenant's life or health was in serious danger from violent/spouse or roommate, landlord m...
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The small gable in the photo is over the front door. The home inspector told me to have kickout flashing installed on the small gable because right now it doesn't have it and the rain water is hitting the side of the ...
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OK, when I came to the site and started posting, I set my limit at 100 forum posts, at which point I would post no more until I made an intro. Been about 6 weeks between forum posts for me, and in that time I still m...
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Hello all,
The other day I ran across a property that sits in a very nice neighborhood.The house is abandoned and in need of repair. I did my research and after a few calls got in contact with the owner. He informed ...
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If I own a junior lien note on a property, and I foreclose on it and take ownership, I can avoid the possibility of the lender calling the loan due.
However, without authorization or a POA from the borrower, it's n...
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So I have a tenant that recently called me because the microwave latch broke so the microwave thinks it is open (even though its closed) and won't work. In my lease, the tenant is supposed to pay for any repairs that ...
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Hi all - I have a SFR in each Dallas and FW which I've owned for about 18 months each. Thus far all has been well and I have not had any issues related to difficult weather and flooding. Today my property manager e-...