Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
The trustee, borrower or bank can ensure you get your hand slapped hard for approaching the circumstance as a work-out or foreclosure fix it guy without a license or being an attorney.Let's say that we can approach the owner and be in compliance, which you can.You will not purchase a note as an individual investor from a bank that has started foreclosure by making an offer like that.You get a request from the borrower for the bank to sell the note in lieu of payoff as demanded.
Akash Agrawal
mortgage in a real estate General Partnership
11 December 2024 | 2 replies
In this situation, can all the partners claim mortgage payment as expense in their individual taxes (or just the partner who owns the mortgage)?
Carl Rowles
Is it worth it? Mobile Homes?
16 December 2024 | 17 replies
These homes tend to individually appreciate over time and are actually not bad places to live.The places with the lot rent you have to decide if you want to be in the mobile home business and buy the park.
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
26 December 2024 | 31 replies
If you buy 100 different properties in 2024, they are all individually able to get the ATI.
Weronika Jedrak
Finding tenants for MTR
26 December 2024 | 27 replies
FF is a great tool, but you can also look up local corporate leasing companies, as well as, insurance companies/agents to work with for individuals who are going through home insurance claims.
Eyal Goren
Is Subto legal?
14 January 2025 | 23 replies
https://efraudprevention.net/embed/cody/Equity-stripping_scams.htmlEquity-stripping scamsEquity stripping is a type of fraud in which a scammer targets individuals who own a valuable asset, such as a home, and convinces them to take out a loan using the asset as collateral.
Jason Seay
what to do when a couple splits up and one stays in the property?
18 December 2024 | 9 replies
They can work out that payment situation..... who is paying what/when/how... not my problem The deposit is on the property, not the individual.... its stays with the property- if the "move out person" wants their portion now, they can get it from the "stay person" and the "stay" will get the full amount at move out.
Maynhia Stott
state that offer OTC tax liens and deed
18 December 2024 | 20 replies
I started the tax lien foreclosure and the owner redeemed with about 2 weeks to go.You have to look at each county individually to see;Do they sell OTC liens/certificatesIf they do sell OTC, do they sell OTC all year long or only in a special OTC auctionIn Florida, counties that offer OTC certificates, you can earn the full annual 18% (1.5% per month).
Bruce Lynn
BIG MISTAKE....in Tiburon-Marin County. Investor bought the HOA pool.
17 December 2024 | 13 replies
Any individual would be out their real estate.
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Since they can't do each property individually, they use comparable sales to make broad generalizations to determine percent changes.