After going under contract with auction.com on a property we found out that the IRS has placed a lien on the home we are purchasing in Texas. Does anyone have any experience with IRS liens? What we're trying to det...

Well, the upstairs condo did it again. Their pipes froze and burst and flooded my rented condo below them. All the carpet has been removed to cement floors. The lower 2 feet of the walls cut out. She has to kee...

Hello Group,

I have a short sale that was approved, however the bank (via pmi) is asking the home owner to sign a promissory note of $50k. The negotiator told me that we have 2 choices either the seller signs the ...

I have been seeing some single units pop up here and there. (Condos?) I'll post the links below. I know the area pretty well and know what the rent is like for units in the area. Seems like almost a 40-50% cash flow a...

I purchased a property in the City of Buffalo, NY a little over a year agoMy neighbor is now mad because she claims the tree is my backyard that is on the property line (it’s in my yard), is buckling her semi-new driv...

What will be tax consequences for borrower of rental house giving property back to lender through deed in lieu with following situation.(1) Lender issue 1099C , No deficiency judgement.(2) Lender don't issue 1099C , N...

Hi there,i'm interested in a small and older apartment building. I've approached the owners to talk about the property, he has indicated that there is an oil tank on the property. Hopefully some people with experience...

So I've been highly interest in investing in real estate for quite sometime now. I've watched numerous podcasts, read many books, I even passed my real estate exam to become an agent. After looking around for deals I ...

I've been out of the loop more than I thought but just talked to a developer and heard of this where banks that take stimulus money can't follow through on foreclosure and/or adjusting up ARMs? Anyone hear anything a...

Hello all, I'm in the state of Wisconsin and needing to know if a Wisconsin state income tax lien (junior to the foreclosing mortgage lien) will be extinguished by the foreclosure.  I'm assuming that there won't be en...