I wanted to create a checklist of potential major problems to look out for when considering older properties (pre-1960 build), especially regarding deferred capital expenditures. 

After a while you learn the area and values and can easily spot a good value but for the most part we ignore the asking prices and send offers that make sense for OUR numbers and goals.We have to send a lot of offers yes but it ensures we don’t overpay or if we do pay full price it’s because we absolutely loved the asset and see growth potential.

Your network is the most important piece for any potential returns when you invest out of state.  

Interested in LTR’s, Multi-family, hard money lending, creative financing and potential partnerships     🏠 💵 📈

I would also argue that there are plenty of landlords out there that have rentals which are currently below market rental price.I assume that this part of the tax code was created to prevent those with multiple homes from letting relatives live in one for almost free, while potentially hiding that rental income and not having it registered as a business and pocketing the money.  

This will cost thousands more to complete and loose many potential buyers . i have started the process for a land survey.

I have been paying those, along with the mortgage, out of pocket and it is really hurting us financially.

Seems easy enough with potential to score a lot of goals. 

If the sister is a beneficiary and now the executrix, it could potentially make the process easier but I'd need more info to be of any additional help.

We recently received a quote for a commercial property buy. I am looking to gather a few more quotes from local lenders. There are two tricky areas with this building and the buy:1) It is owned by the company operatin...