Hi Friends, I am purchasing my first Multi-family quadplex built in 1984 with a partner. We have 10 days for due diligence period. I am reaching out to you to help me figure out what are the key things to look out for...

I finally mustered enough courage to make an offer this week and one of them actually got a counter-offer!!! I still have to run the numbers on the counter-offer, but assuming I accept, the seller is only giving me 5 ...

We bought our new house before selling the old building. We used to live in that building for more than 10 years. How many years do we have to sell the old building to avoid capital gain? I remember we should have thr...

This question is regarding a contract in Pennsylvania.Tomorrow (Tuesday) marks the first day of the 5 day "negotiation period", as stated in the agreement of sale. Does this period include weekends and/or holidays? I'...

Our is due on the 1st and the tenant continues to pay rent on the 5th.  I have been under the impression that Tennessee has a 5 day grace period for late rent.  What can I do, other than a late fee, to mitigate this? ...

Hi guys! There’s a possibility that I’m going to get into a deal with a partner where he provides the down payment; however, he will not be on the loan itself so lenders have told me that the down payment has to be si...

I'm looking into a sheriff's auction for a property where the owner is still an occupant.  I'd be purchasing this with the intent for it to be my primary residence, at some point, not a fix & flip.  I stopped by t...

Hi there, I have question about purchasing a property that was purchased back by the lender at the Sherrif’s sale. The property is currently part of a bankruptcy estate. I’m wondering if this property can be bought fr...

If one were to make the amortization period for a seller carried loan something like 99 years with a 30-year balloon instead of making the interest payment below "market" would this be subject to imputed tax by the IR...

The period of renovation after you do a 1031 exchange---if you don't place the investment property in service for six months and start your depreciation at that time why isn't that period of time counted as residentia...