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I am looking to buy a bank owned REO in NJ. How do I ensure that there are no liens on the property, especially IRS tax liens?
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I found an abandoned property that's been foreclosed on by the bank. It's on the market for a deep discount. It has a list price of 70k. The property is assessed at 104k, and looking at the neighborhood I think it can...
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Is it a good idea for landlord to buy EQ insurance in California for a rentla property with significant equity in it? What are the arguments for and against?I understand it is a strain on cashflow but could it be cons...
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I have a flip property on the market that has not brought anyone who qualifies conventional (FHA sweet spot $189k). The 91 day FHA flip rule doesn't expire until late September which means the contract can't be dated ...
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Hey guys. I just got done reading a book i'm sure some of you may be familiar with. It's written by David Finkel and Peter Conti called the Real Estate Fast Track. This book seems to have a lot of valuable information...
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Within the last few months someone posted an article about a letter they would post to try to get a deadbeat tenant to vacate their property. I have searched and searched this site but can't find it.
The basics of...
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I own a condo that I used to live in, but now rent out. After two tax increases and a subsequent rent increase, I only profit $18 a month on the property. I'm wondering should I just sell it or should I keep increasin...
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Every REI knows the 1% rule and 2% rule when it comes to rentals (making 1% of the mortgage monthly with rent) Does this same apply to beach homes? Especially beach homes that you rent Bi-Weekly, Weekly, or even Daily...
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Hi Guys, So im wrapping up my first lease option that I bought using "subject to" method from an out of state distressed seller. Took over $48k mortgage with $1k to seller at closing and $1k due to seller when house i...
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Hi my friends:)I have a property leased out to a farmer and in the lease agreement it states verbatim: "Lessee has the first right of refusal to purchase property should leasor decide to sale at the same amount offer...