For such a property, subject to may well work to take over the property.When you find a property that has very little equity, doing a short sale is the proper approach.

Maybe it was just too small of a recession in the US.If we want to debate central banks and fiat money we can do so but that would not be a discussion really on topic.As someone who thinks there are serious problems yet is aggressively expanding your RE portfolio what are you doing to hedge or otherwise protect your position?

I have read several posts regarding the 2% rule and the 50% rule, can anyone briefly expand on these two rules?

There are a few properties in my area, Pennsylvania, which have caught my attention, but I’m not sure how to analyze these properties properly.

Tell the Trustee you can't pay for the property because they were not properly notified.

You would want to keep track of the location of business activity by state so you can file the proper state tax forms when they are due.Originally posted by "mills014":3) I am married.

Screen your tenants properly, and don't give in to temptation. keep them on a fair, but short, leash, and make sure BOTH parties abide by the agreement.

As a treacher, here is the problem/question: in order to coach you properly I have to make sure that you have all of the missing pieces filled in and also that you hae interpreted the information you found correctly.

There are far more good tenants than bad, it's up to you to attract the best prospects and screen them properly.

Yes, there is a major housing shortage because the university is expanding, but the SLO city officials don't want any more housing to be built.