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Which State Has the Best Land Trust Law? Our last lesson was shocking! We learned that not all Trust law is created equal. Some states have Land Trust Statutes and some do not. But, most states allow the creation of a Land Trust under their Trust and Probate laws regardless of whether they have a…
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Texas Attorney Scott Horne and RMLO Grant Kemp Answer questions about Dodd-Frank It is always my pleasure to bring the best experts in house to talk to my students. Whether you are one of my students or not you need to hear how Dodd-Frank is NOT the end of owner financing, but an opportunity to…
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I would not own the property “Free & Clear.” I always put a 1st lien on my properties; from me to my company, or from my company to me, or from company to company. Free & Clear properties are likely targets for the litigious. A 1st lien foreclosure a can wipe clean mechanics liens placed…
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First of all, I must state, I am NOT a licensed attorney. Any further comments are simply my own opinion. If you’re going to buy homes in a certain state, you should use the Real Estate Contracts created by that state. They are approved and excepted by the real estate community there and are more…
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I’ve never done a condo conversion. Condos need an HOA, a board, managers, and meetings; everything I don’t want to be involved in. That being said, I feel like a person could make money converting the right apartment complex, but I don’t think you just “do a conversion” on the side. It needs to be…
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