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All Forum Posts by: Eric Barnett

Eric Barnett has started 32 posts and replied 133 times.

Post: Any Investors in Comal or Hays Counties in Texas?

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

@Dusty Lewis you should come out to our South Austin Meetups, this month will be Tuesday 7/17 at Serranos in Southpark Meadows (Slaughter and I-35).  This month we plan to have someone from the city of austin that works in construction permitting.

@Scott MacDonald@Doug Watts

Post: South Austin Real Estate Investor Group June 2018

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

@David Ivy - hope you can make it out or we can catch up for lunch sometime.

Post: South Austin Real Estate Investor Group May 2018

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

one correction on this. It will be Wednesday the 16th, not the 17th. Sorry for any confusion. 

Post: Buda Real Estate Meet Up

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

Everyone, 

Check out the events page and find the group "South Austin Real Estate Investors" for frequent updates.

https://www.facebook.com/groups/151438508984938/?r...

Thanks!

Post: Buda Real Estate Meet Up

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

@Thomas Hannan sent you a PM but yes this will still be happening this Wednesday the 18th at DK Maria's as mentioned above, 7pm. 

Look forward to meeting you

Post: Deed Transfer from Personal Name to LLC - Insurance???

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

I have a few properties in my personal name and carry a large umbrella for peace of mind. I am getting into commercial loans and plan to purchase inside of my LLC. If I wanted to move my other policies to my LLC will I need to change my insurance to commercial or another plan besides residential to protect the possibly of piercing the veil of my LLC should something happen?

Would anyone recommend keeping my personal umbrella as another layer of safety? I'm sure several of you have done this, a step by step would be great along with what to look out for.

Thanks!

Post: Double Close a Short Sale and Marketing One (Texas)

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

I have a multi under contract with the bank soon to expect the offer (based on seller's agent). I am thinking of working to market this and do a double close since I know I cannot assign. I have set it up where I will be responsible for the title policy as it is my understanding that this creates the need for only one title policy in a double close and not two (of course need to confirm with title co) during a process like this.

My questions are this: 

-What to watch out for when doing this, are there are any legal issues with marketing a short sale like this?

-At what point do I approach the title company of my intentions?

-Any other general advice from those that have done this.

Thanks,

-Eric

Post: South Austin Real Estate Investor Meetup

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

If anyone has questions about the new location for tonight please PM or text me @512-484-4613

@Preston Duron

@Jason Perkins

Post: South Austin Real Estate Investor Meetup

Eric BarnettPosted
  • Investor
  • Buda, TX
  • Posts 137
  • Votes 55

So due to a reservation conflict we will be meeting at this new location this Thursday from 7-9. Beginning the next time we will resume going to NXNW.

DK Marias Tex-Mex

1807 W Slaughter Ln, Austin, TX 78748

@Doug Watts@David Ferrette@Scott MacDonald

Please pass this along to anyone that would like to come so they show up at the correct place.

Thanks,

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