All Forum Posts by: Aroldo Villarreal

@Andrew Postell - thank you very much for your time. This really helped!

@Andrew Postell - Thanks for your reply! 

In your experience, would it be better to:

A) Keep my current insurance and just add the buyers as "additional insured"? Or is it supposed to be "Named insured" and my LLC "additional insured"?

Or

B) Cancel my policy, have them get their own insurance and name my mortgage company as first mortgagee and my LLC listed as second mortgagee?

Just looking for what's the most common way to do it here in Texas. 

I read about other insurance terms HERE, so just trying to "wrap" my brain around it. Thanks!

Hi All!

I have a home which I bought three years ago as a rental. I got a bank financing on it. I'm looking to owner finance it out on a wrap. My question is, do the buyers have to have their own insurance policy or do I just add them as additional insured on my current policy?

One of my tenants up and left after hearing I was going to sell the house. I gave him 90 days notice since he had been a great tenant for the past 3 years. It turns out he left his truck in the driveway, which was getting repossessed for not paying. What can I do with it?

Can I sell it to "we buy cars" people who buy cars without title? 

Do I call a tow truck and have them take it to their yard?

What do you think is best?

@Ray Jacobsen - Hey Ray, I decided to sign up for Investorfuse yesterday to try it out for at least 30 days. My plan is to discontinue by answering center which is $150/mo and replace it with Investorfuse, similar pricing. I'm glad I saw your last post that you use Michael Qurles call center. 

If you had a choice, would you go for call center or investorfuse? Call center is great way to screen, but Investor fuse takes automation and follow up to a new level and less work on my end while I can meet more sellers. What do you think?

Oh, and Merry Christmas to all!

I am looking to get educated in Land trusts for several different reasons and benefits provided by them,  but upon doing my research I've found two credible sources which I'm torn between. Bill Bronchick's http://www.legalwiz.com/land-trust/ and Randy Hughes' http://www.landtrustsmadesimple.com/land_trust_pro...

Does anyone have experience with any of these courses? From what I see, Randy's is the most comprehensive and thus most expensive, but Bill's seems really good as well. 

Any feedback will help! 

@Lynn Currie - Wow, thank you for the info! Even though it's two years later, for some reason I guess I missed this post. I never did go through to building. I am wholesaling, landlording, Sub2's, owner financing, and several other things but I don't think I am ready or even want to get into new builds. I'll leave that to the pros like you!

@Sean OToole - Thank you for the insight!

@Daniel Moore - Hi Daniel, quick question. I am about to assign my VA to start building the list off of county records, but then I thought, "Why not just pull list from listsource?" Which my question to you would be the same, why use your VA to pull list instead of buying a list from a list provider?

My answer own answer would be that these are a lot more "fresh" leads, but I have no idea if listsource scrapes records on a daily basis. If they do and the list I would buy from them is exactly what my VA would get, why not just pull the list?

Let me know your logic, any feedback will help!