Harry Williams
What's on your post-sale checklist?
What is on your checklist the moment after you sell your flip? Things like:Insurance readjustmentEnd utilitiesWhat else should be on the list?
Susan Tan
Books on small business real estate accounting LLCs?
I've established my LLC for buying & holding rental properties. My first property was not under LLC last year and this year I got it transferred to my new LLC via a quit claim deed. Do I need to deposit my rent ch...
Drew Phebus
Gifting a House
Hey everyone, I’m reaching out to see what everyone’s thoughts are on gifting a property. I have a family member that is willing to gift me one of their rental properties. Is this as simple as going to to county recor...
Account Closed
What to do with deeds?
What are you guys doing with the actual deed paper you get after buying property? I've never had to pull one out, even when I sell, and I know my county recorder has the "official" image recorded. Do you save them fo...
Elliot Glassman
Cash Buyer Contract.. Simple question
Hey everyone. This may be a dumb question so pardon me if it is. After completing a contract with the Seller (assignment) and when bringing a seperate contract to a cash buyer would I put my name as the Seller or the ...
James W.
Contact the Owner in Pre- Foreclosure or before Auction day?
Hi guys - can you analyse this scenario for me - thanks for your extremely helpful inputs!I see a house listed for Sheriff Auction. The market value of house is 500K.Owner's Equity is 200KJudgement Amount is 300K.1. ...
Mindy Jensen
Att: Traditional Lenders - Question About Due On Sale Clause
I always thought that when you transfer title, you trigger the due-in-sale clause in a traditional mortgage.I see questions time and again from investors who want to transfer ownership of their residential property pu...
Joshua S.
Tell me why this wouldn't work. (Disclaimer: It's high-risk and pretty shady!)
So I wanted to explore an idea here, and see if anyone has heard of anyone else doing it. But before I go there, I want to make clear that I'm not ADVOCATING this or any other shady business practices; I'm simply want...
George Maka
Help me pitch a master lease option to seller
I recently went to a creative financing meeting and got very inspired with what we spoke about. One of the topics covered was master lease options, or sandwich lease, and as he was doing a demo on how to pitch it. ...
Charles M.
Tenant Refusing to Leave
I closed on May 26th sight unseen (covid viewing limitations) and after inspection of the property I determined that I would need to fix up several parts of the home to make it rentable. Currently, there is no heat or...