I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...

Hey everyone, I'm new to this home ownership deal and am currently doing some rehab to my basement. I have had to stop all repairs being done to my house because the contractor sent me a bill of an additional $38K on ...

Real life of a newbie investorI've been inspired by Account Closed post, "real life of a real estate investor". With that being said, I believe there's value in sharing my journey with other newbies. I will begin givi...

I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...

Hello,I was wondering if any of you have had a situation like this arise. I own a college rental property with 6 students renting for a yearly lease. They came to us as a group of 6 and signed the lease without ever d...

Hey BP,Disclaimer:  I made many mistakesUnfortunately this is not a success story, but I have learned a lot from this deal.  This was my first potential deal that did not turn out so well.  I got a house under contrac...

Here are 5 lessons I learned from selling my laundromat last year that can help you as a prospective business buyer.

Lesson 1️⃣ - Listing sites can be a legitimate way to buy and sell a business.
I will often he...

I have many different opinions on the mgmt of property in your SDI.
I have been told the IRS does not allow you to be an on-hands mgr. If a small property (condo, SF, ) it does not pay if you have to hire a mgr. Any ...

My name is Brian and I currently reside in Palm Beach, Florida. I've been toying with the idea of investing in real estate for the past 5 years or so and I'm finally ready to take the plunge. I've been spending a...

Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...