Legal, Admin, and Asset Protection
Case Study Part 3: $100k on a Last-Minute Foreclosure
The Fix/Flip Phase of the Deal As we set out to plan our rehab, we decided that while we wanted to force as much appreciation as we reasonably could and we didn’t want to go through the significant extra cost and hassle of a square footage addition. In a neighborhood...
Case Study Part 2: Saving a Home from Foreclosure, and Dealing with the Aftermath
So it was now the morning of the foreclosure sale, and the first bit of news we had received wasn’t good. An IRS lien rarely is. Meanwhile, my investor friend’s plan for that morning was to meet up with the Owner and sign the purchase contract. Securing that contract...
Case Study Part 1: Next-day Foreclosure Sale Showcases Creative Deal Structure, IRS Liens, Trespassers, and More!
Once in a while, a deal comes along that provides the ultimate challenge of your real estate acumen, fortitude, patience, and your assessment of risk versus reward. In sharing this particular opportunity with you, I will describe the ins and outs of a complex deal...
4 Reasons Why LLCs are Great for Real Estate Investors
If you are out there doing real estate deals, whether they be Fix/Flip, Buy/Hold, or Wholesaling transactions, hopefully you have a corporate entity in place that suits your needs rather than conducting business or taking the title in your own name. There are...