Had a buyer for our home put 2K in earnest money down. Closing date could not be met due to issues seling her home, which was not a condition of our contract. Extended closing with additional 2K earnest money, for tot...
I'm in the processes of getting quotes for liability insurance for my first rental property (Single Family Residence).
I was curious as to what questions I should be asking the insurance brokers about the policies w...
Hi everyone, here is the housing market update I publish for clients each months. As always, there are some interesting surprises! This is data for the Chicagoland metro area sourced from Midwest Real Estate Data LLC....
All,This is really a nasty piece of news.As of 4/1/2022 appraisers have new guidelines by Fannie Mae.They will apply new measuring standards which in many cases will lower property square footage and as the result its...
I"m wanting to purchase a condo in Florida. Preferably on the gulf coast, but open to anywhere. Looking to rent for vacations. Not sure where to start...property management, insurance, and anything else. Any help is ...
My wife and I are new to investing in buy-and-hold properties and I wanted to ask the opinions of those more seasoned than we are. I have connected with a wholesaler who finds motivated sellers, gets the property ...
Hi all,I'm looking to put in an offer on a multi-family property soon. When running numbers on properties which seem to meet the metrics I'm looking for, I usually try to refine the numbers by getting the actual prio...
Hey all, I've been asking a lot of questions because as I expand my real estate investing I am encountering more and more situations I don't have experience in.I found a property that is listed on Sheriff Sale for thi...
Is it okay to accept transfer of a raw land parcel from a seller who obtained it through a quitclaim deed from the county treasurer. A quick google search shows that I am not guaranteed that the seller actually owns t...
Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...