We purchased a 56-lot MHP in Georgia on March 1, 2013. It was bank-owned for 3 years and suffered from neglect. We're trying to get it turned around and have done 11 evictions so far (of 39 occupied lots).
Th...
I am a fresher and making attempts to start investing in the US. While doing all the necessary reading (as suggested by BP) within BP and outside, I come across some negatives by way of doomsayers talking about the 7 ...
I met with another investor who wants to sell 16 rental houses. He's 62, has a house in Florida and wants to get rid of his properties and move. I met with him yesterday. He said he would sell them on contract bu...
Hey everyone, my name is Jayden Walsh. I'm a freshman studying business at the University of Minnesota (Carlson School of Management), and I'm asking for your help getting my feet underneath me with real estate invest...
Hello BP,I was reading over some info and came across this link regarding adverse possession. http://www.nolo.com/legal-encyclopedia/state-state...Most states have a decade or more timeframe. However there are a few s...
So the Owner has been dead for 3 years and and did not have a will. The brother (who i spoke with) has been paying the property taxes for the last 3 years.
The deceased owner has a daughter who he didn't have a relat...
I have just returned to the No. Va. from S.W. Fla.and I’m puzzled about what is happening at the settlement table here.Now as a Realtor I am well aware that the settlement agent conducting the closing will tell anyone...
I'm a California resident but own a rental property in PA, and looking to get another one in PA or out-of-state. Are there any major differences in doing a sole proprietorship vs an LLC; are there major advantages usi...
Ok, I am driving for dollars, and I have a list of addresses. I research them using the tax collectors website, and get the owners name, which a lot of times is a bank or fnma. What do I do next step by step for all o...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $160,000
Cash invested: $245,000
Sale price: $475,000
Purchased a single family home and converted it in...