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1 March 2012 | 6 replies
Hi, I'm looking at an investment property, an eight unit apartment building to be exact, that is priced at $950k. Based on my cash flow analysis off the income expense statements I've received, I'm evaluating this bui...
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1 March 2012 | 13 replies
From HUD.gov :If I am currently a participant in the Housing Choice Voucher program and receive rental assistance, can I use my voucher to buy a home and receive monthly assistance in meeting homeownership expenses?
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1 March 2012 | 7 replies
Originally posted by J Scott:...For #3, there's not a lot you can do unless you ask your agent to take a lower commission or you get your real estate license and can ask for $0 in commission.I believe getting a real estate license is not sufficient, since you must also be registered with HUD to place bids on their properties.
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16 May 2012 | 20 replies
Carpet is my first choice.
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6 August 2012 | 12 replies
Recently passed on a home that needed only light "ginger breading", along with a new A/C unit to bring it to market. While this sounds great at 1st, and might be just the thing for turning a home into a rental, my fea...
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27 August 2012 | 2 replies
I liked American for the run of the mill stuff because of the two escrow officers I liked using were there, it is a people business too and the individual escrow officer when you find a great one narrows my choices..
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12 April 2013 | 14 replies
Assuming yours is a traditional IRA, Kelly Madden, you can easily convert it to a self-directed IRA and use it to invest in real estate; assuming of course that you have sufficient assets.Companies like Pensco and Entrust offer a wealth of information on their websites.
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11 February 2013 | 19 replies
i'm still old school and change out locks, but i do use the same brand each time..meaning i just switch knobs but not the inside hardware..takes 15 minutes to do front and back door (i'm not that handy, so i'm sure others do it quicker :) ) you don't want to 'god forbid' have a tenant come back and break in when new tenant has moved in...that could be a huge liability..in fact, i used to think switching locks between apartments and houses and keeping a few extra sets to rotate as tenants moved out would be sufficient, but now i prefer to just buy a new set for 25 bucks each time.
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11 November 2012 | 6 replies
For many folks, that's not a choice.
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5 January 2013 | 19 replies
The benefit gained by making this choice is that the IRS will not immediately question whether your farming activity is engaged in for profit.