All,My business partner and I are ready to make our first investment but have a few questions as we wait for our offer to be approved. At the highest level we are buying a 3 family house where we will occupy 1 unit an...

Hi Everyone, I'm looking at a short sale right now. It was originally priced at $180K but now it's going for $200K. The broker ran a comps, with two properties being sold for $255K, one sold at $285K, and one listed f...

Hello, BP!!!Last month I closed on UG1 (Ugly House 1). I’m extremely excited to have landed my first project! Since I dived into real estate investing this spring, I have been on a non-stop learning roller coaster. ...

When looking at towns in West Palm, North Palm, Palm Beach Gardens, Jupiter and Tequesta, it seems that any house in decent condition is getting 4-5 offers. In addition, at least 1 is cash at or above list price. I am...

Hi all - first time landlord here. My wife and I just bought and moved into a duplex where the 2nd unit was already occupied with tenants.  They were on a month to month lease with the previous owner.  My question is ...

It seems the flow of communication from REOs is extremely slow. The 3 day offer has gone out the window - it typically takes weeks between each correspondance. As a hands-on and pragmatic kind of person, this is diffi...

I'm evicting a tenant in Florida, and was just told by the court today that a non-military affidavit is required when a tenant hasn't responded to the 5 Day Summons. To proceed with the Default of Judgment and Wri...

My grandmother seller financed her house to a woman for $650 a month for 20 years. The woman lived in it for a couple years and moved out and let her sister move in. They filed to get section 8 housing assistance and ...

I'm a tenant whose apartment (HUD subsidized) unit has seen leakage of water (probably due to leaky pipe) on the floor from the wall in the living room due to rain. My property manager has asked me whether I would lik...

Hi All,

I just have a fairly simple question. First off, landlording has been great for me so far in the year and a half that I have been doing it (knock on wood). The problem is I have not done my taxes for 2011 ( ...