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18 June 2014 | 2 replies
Let them know you are a lien/deed investor.I did a quick review of the IL statutes (35 ILCS 200/345 through 397) online and didn't see anything about reimbursement of foreclosure fees by the redeeming party.
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18 April 2019 | 42 replies
@David Jackson there is a term in real estate law: "Statute of Frauds".
6 February 2024 | 2 replies
You can exchange into simply up to 3 properties in any state and any asset class. 1031 exchange is a federal statute.
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23 January 2021 | 61 replies
Regardless of whether you are a first time investor or not, if you're objective is cash flow, these are the things that you want to look for:* Strong price/rent ratio's* Low property taxes and insurance rates* Growing populations and jobs* Modern, diverse economies and industries* Landlord friendly statutes The Midwest is generally the best region for cash flow but personally, I think that Indianapolis and Kansas City have the best combination of the criteria above.
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7 February 2024 | 9 replies
Check your state property management statutes.
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7 February 2024 | 4 replies
I would add that even though MPLS doesn't have rent control, it has tenant rights ordinances and if you buy an investment property and raise the rent on a current tenant within the first 90 days of ownership, you "may" have to pay them relocation costs due to the increase in rent so be careful to understand MPLS statutes.
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8 February 2024 | 13 replies
The wording of the statute is a bit unclear about who you have to name as defendants in the lien foreclosure lawsuit.
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25 July 2020 | 22 replies
It's up to the clerk to notice the proper parties per statute.
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29 November 2018 | 50 replies
In MD the statute of limitations does not start until a child reaches the age of majority ie. 18.
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7 August 2017 | 6 replies
I personally would take it to court if some jealous Realtor tried to turn me over how he/she interpreted a technicality in the Florida statutes...