Brian C.
More Expensive Closing Day
I closed on a property a couple days ago... It was supposed to be a good day, but turned out to be quite frustrating, and a bit more expensive than it was supposed to be. I was working with a lender who promised to ...
Peyton Marsh
Great Read - Freddie Mac's Tax-Exempt Loan Product
I received this article among my daily news emails and thought I would pass along. There is some good information that might be appealing to those investing in affordable housing.Enjoy and have a Happy 4th of July!-Pe...
Douglas Gratz
How can I tell if the foreclosure is subject to 2nd mortgage?
Just bought a house at auction, I ran a title search and cant tell heads or tails from it. The auction being online is different than in person. They usually tell you if subject to 2nd mortgage.
I purchased a titl...
Saad L.
Tough Time Starting....😭 😰
So today was a day of bad news... after finding a diamond in the rough which was a Duplex with minimum repairs (under a $1000) which would be just some cosmetics and new sheetrock repair. Now this is a story of bad ne...
Manco Snead
Fireplace/Chimney Inspection if Not Going to Use?
Greetings,I recently bought a 1976 duplex with wood burning fireplaces. I haven't had the fireplaces/chimney inspected I and plan to seal off the fireplaces. Do you see any reason why I should have them inspected if I...
Jason Henning
Denver Airbnb hosts: How are you collecting Lodger’s Tax?
I'm sure this is made to be a big pain in the neck by design, but I want to comply and am not seeing a straightforward way to collect Denver's Lodger’s Tax in Airbnb. Denver rules state "The Lodger’s Tax rate of 10.7...
Andrea F.
Results from contesting property taxes
Greetings all, just wanted to share my positive news that I just got a property tax down from $3,550 to $397. This was for a Fulton County (Atlanta) SFR foreclosure we purchased in December 2010 for ~ $24,000. The $3,...
Jeff Soloway
Cloud on Title - HELP! - Quite Title Action
I recently put together a wholesale deal. Yesterday, five days before the closing, the title company contacted me and said that there is an issue with the chain of title. Here's the story:In 1965 person A sold the pro...
Brandon Warren
STR taxes with material participation on a previous primary residence
I converted my primary residence to an STR around June after living in it for a year. The title and mortgage are still in my name and not transferred to my LLC. I meet all the criteria for material participation and a...
Mark Kelley
How to warn future landlords / LPs about a tenant / GP
TL;DR. I am looking for advice on how I can take appropriate action to warn future landlords and LPs about a deceptive and destructive executive-level tenant who is also a GP on real estate deals.
I rented a fully f...