Cindy Veit
BRRR method - put property in LLC or personal name?
It has been 10+ years since I have bought a rental property. We currently have 7 loans in our personal name. I was looking for a bank to do a cash-out refinance in our LLC. One banker asked, "why don't you put it in y...
Account Closed
Banks taking REOs back off the market???
http://www.msnbc.msn.com/id/39467220/ns/business-real_estate/
anyone hear about this?? i hadn't until today. i put an offer on a REO and the agent took it off the market shortly after. when i asked why, this articl...
Bill Schultz
Investing out of state
Is it feasible to believe you can buy properties in other states and sell them owner financed without even seeing them. I watched a webinar from larry goins today and he made it seem pretty simple. I know you can bu...
Steve LeBlanc
What happens when earnest money refund taking "too long"?
Okay you keyboard lawyer warriors...just looking for some thoughts on the following scenario regarding delayed refund of earnest money.Original contract language about earnest money is as follows (this is in Illinois)...
Eric Phillips
Missouri rental market
Hey all,I'm looking into the Kansas City area (Independence or other outlying areas) to invest in a rental property and I'm trying to gauge how hot the rental market is. Do rental homes have issues placing tenants qu...
Jason Wu
Legal Protection and Partnership
Hi everyone,We are looking for some legal advise.My partner and I have a duplex currently fully rented and is collecting income. The title is under my partner's name and he also assume the entire loan. I pretty much...
Garrett Pearson
Getting permits in Chicago
Hello. I am new to the game. I'm working on my first deal and it is in Chicago. I didn't research enough in advance to find out that the permit process can really be a hiccup in your project. Is anyone currently rehab...
Kia Zhu
should the landlord pay the tenant
A new tenant of mine, fixed and installed a few minor things in the rental. Our verbal agreement was that I will reimburse him for the material. Now he is asking for both material and labor. Unfortunately his price is...
Jeffrey Marshall
Asset protection S-Corp LLC or both?
Just getting started in real estate and I keep seeing asset protection as being very important. How do I determine what kind of protection to have S-Corp LLC or both? Can anyone explain how I could have both and what ...
Luiz Souza
Foreclosure Starting Bid
Who decides what the foreclosure starting bid is?
How can you be ahead of the competition and have accurate information/numbers prior the sale date?
Anyone here buying at the courthouse steps? if so please share you...