All Forum Posts by: Paul Amegatcher

 Redfin has mls data you just have to know how to extract it

Why did you foreclose on the second position only and not the all the other liens? Also selling via quit claim deed will be the only option.  I would not warranty anything else sense you have been defrauded in the past.

Welcome to BP. There is a lot of information on this site. If you want to network with other Investors in the Dayton area there are two groups that meet monthly. There is GDREIA and a local investor meetup group run by @Darrin Carey. Look forward to seeing you out here. I'm in Dayton as well.

As stated you seller/original owner needs to contact the local authorities and also a real estate attorney to inform them of the fraud committed against her.

I have closed some deals with them in Dayton, OH.  Just make sure you always get an earnest money deposit.

 You will need to move fast. Once you have a contract with the seller you will need to contact the bank for a payoff amount. This can be done by the title company or closing attorney. The seller still has the right to sell the property.

@Stephen Slawinski Welcome to BP.  I'm in Dayton as well and specialized in helping investors find deals.  Let me know if you want to connect or meetup.  There is a meetup group operated by @Darrin Carey that meets once a month.  I look forward to seeing you around.

Paul

@Gordon Starr I'm in Dayton as well and can help you find some deals.  Give me a call and we can chat about your goals and what kind of deals you are looking for. 

Paul 

Bill Warner with www.bcwarner.com

 Mindy,

The cost to get the property ready is part of the adjusted basis cost.  You can depreciate it after you rent the property but it should be used in figuring out your adjusted basis cost. 

https://www.irs.gov/publications/p527/ch02.html