All Forum Posts by: Ethan G.
Ethan G. has started 9 posts and replied 345 times.
Post: What happens when a seller financed note is paid off?
- Attorney
- Katy, TX
- Posts 397
- Votes 215
I'm an attorney and work in title too. Doesn't really make sense there isn't a promissory note, but bottom line is that there should be a deed of trust filed and it needs to be released. I do this type of work all the time.
Post: Baytown Electrician Recommendation
- Attorney
- Katy, TX
- Posts 397
- Votes 215
@George Pineda
Post: Rental property LLC, financing
- Attorney
- Katy, TX
- Posts 397
- Votes 215
Yes
Post: Buying land but no mineral rights and multiple easements
- Attorney
- Katy, TX
- Posts 397
- Votes 215
Second the youtube video
Originally posted by @Scott Mac:
Hi Adrian,
Well, lets say you owned one of those old flintlock rifles,
and you went out in your backyard and tossed a yellow wrapped McDonald's Cheeseburger on the ground and started shooting at it.
Then after a couple of shots,
this dark sulpher smelling liquid started bubbling up (That would be Crude Oil--what they make gasoline out of).
Crude Oil is a mineral (along with Diamonds, and Rubys, etc...)
If you owned the mineral rights, you might become instantly rich, and you relatives might recommend that you move to California...possibly to Beverly Hills.(but probably to Austin because so many seem to live here)...with movie Stars and Swimming Pools.
If you didn't own the mineral rights, the owner would probably (move to Beverly Hills) and you would go on ranching (or whatever it is you plan on doing for a living out there looking at one of those see-saw oil pumps going up and down all day and night (making the other guy rich).
See this link for further explanation: https://www.youtube.com/watch?v=NwzaxUF0k18
just my 2 cents
Post: Best places to investing in Texas for 1% ARV
- Attorney
- Katy, TX
- Posts 397
- Votes 215
Going to be hard to hit the 1% rule in the big cities in Texas and probably impossible in Austin.
Post: Choices for me but not for thee
- Attorney
- Katy, TX
- Posts 397
- Votes 215
Slippery slope to lining landlords up against the wall eh?
Post: Floorplan for a house
- Attorney
- Katy, TX
- Posts 397
- Votes 215
Can you find the builder
Post: Looking for a real estate investor with experience!
- Attorney
- Katy, TX
- Posts 397
- Votes 215
What exactly are you looking for them to do? Mentor/give you advice?
Post: Attorney is ghosting me.
- Attorney
- Katy, TX
- Posts 397
- Votes 215
Ah, the legal fee squared equation
Originally posted by @Matthew Irish-Jones:
@Joe S. Sounds like an awful attorney. You may need to get an attorney to sue your attorney.
Post: Attorney is ghosting me.
- Attorney
- Katy, TX
- Posts 397
- Votes 215
I've seen this movie before and so have you. Nobody is that busy, he just sucks and you aren't important.
posted by @Joe S.: