I've received dozens of calls and inquiries, but thus far they all have either had a very low income (rent would be over 50% of their net income) or they have a criminal background.

If it is still active, ask what the process for disputing liens is.

It eventually went to auction and when I started poking around at Auction.com I noticed it listed and that it previously went under contract at $165K and was back active again for some reason at $140K with 4 days to go.

UTPCPL allows the tenant --- among other things --- to demand attorney's fees, treble damages, and punitive damages.I don't know about Allegheny County, but Philadelphia has some well-funded, active nonprofits that provide legal service to low-income residents (e.g.

I just fully deploy it in recession proof activities like lease to own & some metals for insurance & upside during a crash!

Also keep in mind that flipping is considered an active business, and as a result any profits you will make from the flip inside of your 401k will subject your 401k to UBIT.If you did this deal in your 401k you would not be allowed to be an agent in this transaction.

However, It's worth noting that mere joint ownership of real estate and rent collections does not necessarily rise to the level of joint business activity that constitutes a partnership.

We are actively talking with these owners and will hopefully have more news in the next couple of weeks.To round out the day, we hosted our 3rd monthly Real Estate Investors meetup from 6:30pm to 8:30pm.On the ride home, we analyzed and underwrote a deal that came to us that morning while driving around.

I believe this business is about people, not houses.I'm still active duty and my wife and I own three SFR.

Active Investor, wants to be active Partner.