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24 October 2018 | 17 replies
Unfortunately, because I am not a paid member, I cannot share it with you.
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4 January 2011 | 18 replies
joe, be sure to never post specific info on a potential deal...there are many vultures that will grab it and take it from you.this property probably needs to be re-assessed. call the tax collector and see if that is scheduled or if a sale needs to occur to trigger that.even at 168k the taxes seem high....i thought my area was pricey....damn!
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28 August 2016 | 8 replies
The property could be re-sold at your expense – if this happens and the second sale sells for less, you could be liable for the difference plus the expense of the auction….Can you have possession immediately (you should get this, it will give you a head start on cleaning the property up and prepping for re-sale or rental.Will the auction company disclose any known defects (septic system failure, well failure, termites, water problems...etc.Ask for a copy of the auction contract and forms you will be required to sign and read every word......make sure you understand what you are committing to (many of those contracts have hidden clauses that will hurt you).Will the auction company accept your business or personal check (try to get pre-approved to use your checks (most auction companies require certified funds, if that is a requirement, get a certified check made out to you).Make sure you have good comparable sales data, you need to know what the value is and what you can sell it for immediately if you have to.
29 July 2016 | 10 replies
The market could go up considerably and the original plan was to keep it ten years but one member see's the dollar signs and wants to sell or one member feels they are doing all of the work and get's burned out or one member is the money person and they feel like they are being taken advantage of or the costs are way higher than budgeted for.
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28 June 2007 | 7 replies
I have been reading this board for a few days now and decided to become a member. I
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7 March 2013 | 12 replies
If you buy a new house if you can qualify with the old mortgage in place then I have seen new home builders offer free management for 3 to 5 years until the markets recover and you can sell and break even.I have a family member I am helping.
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9 January 2017 | 6 replies
@Michael Osborne, even if a family member is doing it you still need to pay for it.
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12 September 2016 | 5 replies
HI Spencer,Unfortunately with 1-4 units comparable approach is the main approach that will be relied upon.
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18 February 2017 | 7 replies
As an active duty military member myself, I have done this a couple of times with a bit of success.https://www.biggerpockets.com/forums/311/topics/40...I believe that investing in a military member is as much about identifying the exit strategy as it is about the where.