One general question... Why is preferred or suggested to form the LLC that owns the RE rental property in the same state where the RE is located?
I recently discovered this platform and my wife and I are looking to purchase our first rental property? Does anyone have any suggestions or pointers for a Credit score, lenders/broker, location, down payment amount (...
Im getting an investment loan where the appraised rent amount must met or exceed the mortgage payment. Long story short the first appraiser the lender used was horrible and gave a horrible appraisal amount of 30% l...
I'm currently buying a property upstate NY. I entered into a contract in May 2018 and the close is next week. It's a 5 unit building where at the time of signing, 2 of the units were rented to long-term tenants (I thi...
I have a flip i bought in October 2015 that was suppose to close on the 31st. But we now have an issue that is pushing it a week. I have never had this problem, but is there any tax law that allows for accrued revenu...
It seems that I am having little success mailing to people within two or three days of the NOD being filed, and from the calls that I have generated I would hypothesize that this is because most people still think th...
Hey everyone, After a long 10 months we finally settled on a short sale last week. Its a townhome 1900sq ft 3bd, 2.5 baths, car garage and finished basement. I ended up paying $89,625 for the home and same homes are ...
Here's my scenario; I'm selling a house in TX near Fort Worth and am about to close on it. In the repair amendment, I agreed to have a clogged drain unclogged. I have unclogged it myself and it is draining just fin...
Hello,I am new to real-estate investing. There has been a property that I am really interested in purchasing. I contacted the listing agent via text about 3 weeks after it was on the market. He told me the property...
I am purchasing a short sale property/small house. We are closing in 10 days but apparently owner didn't get notified that they have to be out soon. They are asking if they can stay for 2 weeks after close and pay me ...