Michael Ndjondo makadi
I need advice on my first Real estate investement.
3 April 2018 | 9 replies
You perform a 1031 exchange from the current asset into a bigger asset of the same type within the allocated window allowed by law. (45 days to identify replacement + 180 days to close)C.
Syrica Brown
Alabama - Tax Sale HELP!!!
5 April 2018 | 6 replies
Under Alabama law, Tina now has all the legal responsibilities a landlord has, including the responsibility to make repairs, etc.I strongly discourage people from entering into subtenancy relationships.
Blake King
Buying / Renting while on Comission
4 April 2018 | 10 replies
m currently looking into the laws on living in a rv / bus on some property, hard to find the actual facts!
Karen Lee
HELOC interest expense deduction
10 December 2018 | 6 replies
From my understanding it was deductible until this new law has passed.
Lois S.
Promissory note payoff issue with title company
27 February 2019 | 12 replies
Title/escrow can rely by law on your signed statement as to the 'Total amount to pay off contract in full', you should have included interest+plus other charges, not just principal.
Melanie Short
Investing in Destin, FL Condo
4 April 2018 | 8 replies
I think it is much easier to understand not only the markets but the laws of the state you live in compared to crossing state lines.
Gary F.
HOA vs City Codes? Who rules?
2 April 2018 | 4 replies
@Gary F.What is the accessory building- garage, shed, gazebo, pool, motherin-law suite, etc. ?
Kevin Ely
Home owner waited until 7 days prior to auction date to call me
3 April 2018 | 8 replies
@Ron S. even though CA law says 5 days and full payment needs to be made this can be waved by the bank.. they are not obligated to though as you so correctly point out.basically you need to do these deals outside of escrow you need to know how to do your own quick search and take the title risk.. then you get the seller to sign a grant deed over to you and you go record it.. then you get your funds wired or cashier check couriered to the trustee.that's how we did it.. not enough time to use title company.. that's why its so profitable if done right 98% of your competition simply can't do this either lack of knowledge or lack of funds or both..
Peter Bui
Vacant Homes, driving for dollars in OC
4 April 2018 | 10 replies
The other records for that property will sometimes show how often the property has changed hands, or if it was foreclosed to a lender, etc, in the past.Tips: If you live in Orange County now, or you know someone who does, try to look up your/their house in the county land records for practice.
Dave Carella
your realtor fiduciary duty and contracts
3 April 2018 | 4 replies
So I closed on on the property last Friday and discovered in my closing disclosure I was going to PAY for Title Insurance, Settlement fee, title search fees and lean search fee which racked up about another 1k on top of my 15k of commissions. when I questioned why I was paying this my realtor said it that is this was normal practice for the seller to pay this??