You can seize assets and have them sold but again the costs are paid by you and added to what they owe.

Hello,So I am a little curious about 1031 exchanges with respect to "step up in cost basis due to death".

California, to my pleasant surprise passed a new law that went into effect January 1 that allows property owners to file a Letter of Agency with local law enforcement which notifies them that the property is vacant.

Different investments appeal to different investors.This forum is a lot like life in that what you put into it has great effect on what you get out of it.

With rent and mortgage costs doubling in recent years, affordability for locals has decreased significantly.

I also love it here.It will cost $100,000 and we will finance half with a personal loan @ 7% for 3 years.So im putting 50,000 in cash and I expect to earn about $2,000/month.

However, the person who knows how to effectively use AI tools like ChatGPT to get more done will replace you.

A lot of investors have been drawn to the Midwestern markets due to the low cost of entry and a lot of the markets being landlord friendly as well.

2) Generally, what's the cost for replacing the entire thing?

Severe settlement issues were later found, making repairs unfeasible. o avoid delays and extra costs, we quickly sold the property to another investor.