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29 January 2014 | 4 replies
Hi All,I have some Land that is still in both my Mom's name and my older brothers that have both passed away.I dont think the part of being on my moms name would be a problem since I did legally inherit it but my brothers kids dont want to pay the taxes on it or care about it and are willing to sign it away.Question is, how would I go about selling it?
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1 March 2014 | 15 replies
So since they did not want to negotiate AT ALL, I felt that was a sign that I needed to follow my heart and stay away from the dilapidated parking lot.
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30 January 2014 | 8 replies
Hi All,I am totally new to wholesaling so I have a very basic question.
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30 January 2014 | 21 replies
Everything is negotiable, having said that, here is what's customary:Seller pays: Seller's portion of escrow fee, owner's title insurance policy, seller credits to buyer if any, city & county transfer taxes, agreed to repair costs and sales commissions.Buyer pays: Buyer's portion of escrow fee, lender's title insurance policy and lender fees, and down payment of course.That's all I can remember off the top of my head.
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31 January 2014 | 11 replies
We'd like to be in it for no more than $75k when all is done.
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30 January 2014 | 5 replies
Not being able to get the cash out easily or leverage the forced equity is a risk I'm trying to build into the bid, for sure.
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8 February 2014 | 12 replies
The section 8 tenant was resigned for another year due to nature of the tenant.Roof and chimney was redone in 2009, new gutters installed.Plumbing was replaced in 2009 (main stack and drain)forced hot air furnaces for 1st and 2nd floors - 2004Electrice baseboard for 3rd floorall hot water heaters replaced within the last 6 yearsEveryone is up to date on rent, and he is willing to provide me with signed statements for verification.
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3 February 2014 | 7 replies
I forget how seasonal this MN frozen tundra forces us to be at times.