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Situation: in 2017 I got a property under contract for $60k. Found a buyer, who paid $1000 earnest money to the owner. Owner was elderly, and his wife had passed away in 2010 without leaving a will. So estate had to g...
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Wanted to share a recent no win situation. Have a borrower in BK and we filed post petition fees for proof of claim and a plan objection (since they originally did not include property in BK). Now the defense counsel ...
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Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
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I know there are Self Directed IRA Custodians that can help set up a LLC for checkbook control, but I would rather deal with a local attorney, if possible.I live in Yorktown, VA. So the Peninsula or Norfolk/Virginia ...
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What is a good website to find preforclosures lists?
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Hello BP Community, Now that the Congress has passed the stimulus package which extends the eviction until end of Jan 2021. I have a question for landlords out there. Any of your tenants are taking advantage of the ex...
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We are purchasing our second investment property in Hawaii. Our first property in Hawaii is owned by "Property 1 LLC," which was formed in Hawaii. This is a multi-member LLC. We live in California, and self-managed th...
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I thought I'd share my approach and strategy to buying foreclosures that has served me pretty well.Foreclosures – Assessing ValueWhen you buy a foreclosure, not only are you assuming liens on the property, but you’re ...
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Hello everyone , I'm from Oklahoma City I'm planning on getting into wholesaling. I was reading couple of BP post and notice that wholesaling is not legal everywhere. Where do I need to go to find out if it's legal in...
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I have seen multiple answers on google and on BP. I'm wondering is it illegal to wholesale houses in Washington state currently in 2022? I'm finding some answers that say it's legal if you let them know what you're do...