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I'm seeking advice for a lease option on one of my properties. I'm trying to figure out the best way to structure the deal with the right terms in place. FYI this isn't a sandwich lease option I own the home. The LO w...
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I've been doing a lot of research, reading, and relationship building over the last few months. My goal is to build a rental portfolio. My challenge is a lack of cash to go right into the rental side of things. My wif...
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I'm into my 3rd rental properties (with very decent renters) under personal ownership. We increased our umbrella policy to 2 million. Insurance agent advised that this should be ok. Any thoughts?
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Hello all! It's been awhile, I've been laying low. I applied for a property a couple months ago and I just got the tax certificate today. This is the very first tax lien property I've ever purchased. I was going to tr...
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I am looking at a re-foreclosure house. Seller is willing to take my offer and present to bank for a potential short sale. At the same time he wants a nominal compensation for work he has put in on the property. How d...
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I am currently trying to land a deal in a very competitive market. I am using a conventional loan and having to compete with cash buyers with every deal I find. Would I be able to have a friend offer cash on the same ...
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Hi,
I was wondering if I could get some opinions on this contract? This was wrote up
By a Realestate attorney. The only thing I see that is concerning is the nonrefundable escrow money. What do you guys think...
I have come across a significant deal in my area for a property. The current setup is there is a single owner (74 year old male). He is widowed with no relatives. The property setup includes 61 acres with two separate...
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Hello,I recently purchased a tax lien certificate in Alabama (property was sold at the 2015 tax sale). The property does include a house. I had a few questions about my rights as a lien holder. I have been reading/...
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Looking for best course for the situation in Alabama based on a 2019 tax certificate:
1. Purchased tax certificate from AL state. Sent demand notice and called owner regarding ‘neglected-squatter ridden’ house. Owne...