Hello everyone,I currently own several properties and work as a Realtor full time, so I am pretty well versed in how income property transactions should occur, however I have run into a snag with the seller of an apar...

Hello!

I have an offer on a short sale that is scheduled to foreclose on 9/6. The commitment letter came in yesterday and there are several items that need to be taken care of prior to closing. The issue is t...

Hi all -I am considering a property that has had fire incident about a year ago. From what I know, the tenant had to move out for about a month while they fixed up the kitchen. Everything looked fine when i walked thr...

Is anyone having issues with BOA and Wells because you are taking title in your corporation or llc? Bank of america countered with something like "because the buyer is an LLC we are countering with 154k" and told my n...

Hi All,I just got a notice from Salt Lake County Auditor's office that value on one of my properties increased by close to 20% and so my taxes are also increasing.  I know the market is hot in SLC but a 20% increase i...

About a month ago, we closed on a duplex that needed cosmetic work and a few minor repairs, which are almost done. I have searched through the forums but still can't decide what our next move will be.We paid cash and ...

I need advice. I made a best and final offer, along with 8 others, on a duplex in my local LA neighborhood. My offer was for $911,000 but a few hours after submitting, after a discussion with my agent, I increased my ...

What is your experience and heads up on doing this?
Do we sell the SFH to our own SMLLC , if so do we sell for county/city appraised value on their records? or market value?
or do we just submit the transfer documen...

After comparing IRA LLC and Solo 401(k), I feel that Solo 401(k) is a better option to me. Since I dont' have a small business yet, my first thought to obtain a Solo 401(k) is as follows:
Open an LLC to have a part t...

Ok, here's the story...

I am in the process of buying a property in NJ which is a short sale. At the time the offer was submitted. The loan was owned by Wells Fargo. I received the short sale approval on Friday, July...