will be generated after contract acceptance." Can I interpret that as this listing is open to assignee language in the contract?
Is there a scenario that exists in which it is reasonable for a seller to refuse to share their Profit and Loss statement covering the most recent 12 month period for the property under contract? I think it is a deal ...
I am looking at a bank foreclosure that will be sold by county sheriff at the courthouse step in Ohio. A title search revealed several liens against its owner (breach of contract, credit card judgment) as well as mult...
Hi smart people,I have a tax-related question about figuring depreciation basis on a new property received in a like-kind 1031 exchange of rental properties (3-unit for 8-unit). I live, and the buildings are in, Los A...
I am looking to purchase my first rental property. I'm working with a max of $100k total (purchase + rehab). Ideally I would like to purchase a multi-family property. I live out of state, so all my knowledge about the...
I have a rehab and flip property under contract. Nice house in a good neighborhood. The issue/potential opportunity: the house clearly has a foundation issue. I am not afraid of foundation issues and have rehabbed hou...
Being a first time landlord inspecting property for the first time raises few glitches and below are those. Need suggestion on how to communicate effectively to tenant by maintaining no law break. Property is located ...
Good afternoon,I am in the process of closing on my first property in Bloomfield. My original offer was for 225k, however, I had the home inspection last week and it uncovered about 50k in additional repairs I was not...
Hello,
My second post on this site. I am being relocated to work in Wilmington. I have already set myself up in an apartment with a year lease but I am very interested in buying property to rent. My current plan is t...
Came across a pretty sweet situation for a sub2. But he's in Ch.13 bankruptcy and so is the house. His attorney says he can sell at any time (not sure what would happen to any proceeds he would receive). Can I essenti...