22 January 2024 | 69 replies
For subto that we own we have an midterm in Abilene Tx, Padsplit in Killeen TX , Montgomery TX that we did a wrap mortgage , another wrap in Virginia , another rental in dfw 30 units Corpus Christi seller finance 50 year note, we partnered with Pace as our capital partner And40 units in Knoxville TN we took down with partners 3% IO payments for 30y am, 5 year balloon seller finance Crickets are loud over here How's this for a chirp.
15 October 2021 | 645 replies
@Amanda Wilks Amanda I’ve got the solution to your problem..... come down here to Corpus Christi.
19 January 2024 | 140 replies
You can talk all day about Chancery court, an adamantine DAP trust structure, business licenses, Corpus Juris Civilis, and I'll still have my doubts.
17 September 2021 | 32 replies
(Reference Kenoe on Land Trusts 1989) just so you know this ruling stops the partitioning of beneficial interest in a LT so a creditor could not pierce the trust with a charging order since other beneficiaries would be negatively impacted.The worse case scenario would be the creditor can take that say 10% beneficial interest in the trust and they would not get paid until the property sold to cash out but the trust itself it NOT pierced and nothing is ironclad.The LLC protect the LLC members form liability and the LT protect the "corpus" or real property.Depending on your exit strategy determines the trust you should use and how it would be setup.I use LT in my investing and honestly like the way they work when done right so just wish to chime in.LT also work very well in multiple investor scenarios on property.LLC and Land Trusts are like bread and butter they work very well together that is basically my point.Mitch as to grant claim deed my understanding is you show proven reliable chain of title and that you have documentation you have the right of ownership.
22 January 2024 | 96 replies
Quote from @Christie Gahan: Stop talking about your net worth.The Con Artists will flock to you.The people who actually know what they are doing won't believe you.Take a class at a local Jr College on Personal Finance / Investing.
16 August 2024 | 19 replies
Current rental is in Corpus Christi.Considerations: Debating whether to sell the Corpus Christi property and reinvest locally.
11 March 2024 | 21 replies
But your statement about people selling before "more regulations lick in" is inaccurate.Quote from @Christy Flora: So, here's the thing I've found.
16 May 2021 | 7 replies
@Christie Duffy, Having purchased a few hoarder houses, it is really quite simple: hire clean out crew, put everything in a dumpster, and tell clean out crew they can take anything they want of value.Admittedly, I don't have much experience with this, but I have yet to find anything worth more than maybe $20 in houses had about 100+ yds of junk in them.
10 August 2019 | 9 replies
@Christy Keeton Hi Christy - There are a ton of great MF groups in the area that were mentioned here.