
6 June 2025 | 27 replies
Since my bank account had no funds (I transfer them fully as soon as rent collections deposit), Baselane basically paid those refunds from their own pocket and now are coming after me to recoup them.

23 June 2025 | 10 replies
Turns out he didn’t pay $2,050,000 - in fact he had no money in because he paid only $595,000 - with a “nebulous” promise and u recorded deed transfer back to the seller if he couldn’t cash out for more money.

2 June 2025 | 2 replies
You're in a unique and potentially very advantageous situation, and it's great that you’re thinking through creative ways to structure this transfer.

8 June 2025 | 7 replies
Was there a transferable warranty from the contractor who installed the roof?

18 June 2025 | 2 replies
Particularly when there is a history of violent and illegal action, you will certainly be needing the sheriff to support the transfer.

2 June 2025 | 4 replies
The LLC is a separate entity and if you were ever sued over something that happened at your property, the liability is typically limited to just the assets that entity owns, versus your personal assets.The one other thing to keep in mind is that you had the idea of buying in your own name, and then deeding the property to your LLC, there is a slight risk of your lender calling the loan because it was transferred to another name.

11 June 2025 | 1 reply
Also, some jurisdictions reassess on sale, others don’t unless major improvements are done so you'd want to check with your county's tax assessor’s office before making moves.Lastly, keep in mind the legal and loan implications of transferring to an LLC especially if there’s a mortgage involved due-on-sale clause risk.Hope this helps, anyone else here tried this strategy or challenged their tax assessment?

23 June 2025 | 32 replies
Nests are typically marked off with 4 wooden stakes and have plastic / caution tape wrapped around the posts.

23 June 2025 | 4 replies
Others, once you are experienced and use them a few times, will wire transfer funds and you use their money.

6 June 2025 | 8 replies
Most of them only have a few rentals and with Relay they can have 18 checking and 2 savings accounts so it is easy to set up each property on its own bank account, each flip on its own bank account, and have an operating account for overhead or to disburse funds to from other accounts.Then you can set up auto transfers so if you receive rent, you can tell 10% to go to Savings for Capex/Maintenance, and 20% for Operations, then leave the rest in that account for the mortgage.