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 was critical because for all the […]
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 structure which necessitated solid risk versus reward assessments. Topics included […]
If you have an IRA or a 401k from a previous employer, you may be able to utilize it to grow your retirement funds quicker and with more control by applying your real estate expertise, rather than relying on the stock market, which is outside of our control. Do You Want More Control Over Your […]
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 important benefits to using an LLC as a legal structure for your […]
Sometimes sellers are motivated to sell their property fast for cash and that can lead a homeowner signing sales agreements with multiple buyers for the same property. Here’s a list of things you can do to protect yourself from a seller who signs more than one sales purchase contract. Be aware of the title recording […]