Client's building burned in fire.  Residential rental property.  Fire occured on 10/01/2020. Cost:  $400,000Depreciaiton:  $120,000 up to 09/30/2020Insurance paid $635,000.  Assume no Salvage value.Insurance payment w...

Hello everyone! My name is Tony and I live in Eastern NC and I'm still a newbie but I do own 6 doors currently. There are a lot of great deals in my area on manufactured homes (double wides) on private lots in rural a...

i have a verbal deal struck wth RE agent on short sale...i want to have my offer to purchase contract have an addendum or whatever it needs to make the contract assignable. my RE agent says he cant write that in that...

Dear All,Hope all is well. I am pretty new here and wondering if any experts in this forum can give me some help on this question:Recently I was looking at a REO auction property, the bank has already taken the title ...

Hello BP world.I'm working on purchasing my second investment property and have decided to go multi-family. I have the property under contract and recently received the survey back. There is one part of the structure ...

Hi! I just closed on second multiunit. Do you have any recommendations on free or best platforms to use when collecting online rent payments? I typically use zelle, but my new bank does not support. Thank you in ad...

Here's my situation--found an REO over the weekend newly listed on the MLS (2days). It's exactly what I want--I know the townhouse, the area, etc, and a great price. My realtor calls selling realtor, apparently ther...

I'm in the process of buying an REO SFH and have just been informed from the title company that there are liens from the city on schedule C. They haven't gotten the amounts yet but just wondering what I should be read...

I am in need of help with a family home, that if I move forward and buy the property it will be my first REI.My fiance's mother passed away a year ago, and we had to put her father in a home.  Her Property in North Ho...

Hello everyone, I am a newbie and so excited to be here on this site!!!I am in my 2nd Condo, rehabbed the first, lived there a long time and did well on resale several years ago, now I live in a condo and I will be ap...