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I am looking to buy a bank owned REO in NJ. How do I ensure that there are no liens on the property, especially IRS tax liens?
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Hi All,I am from NJ and looking a to buy a property in Sheriff sale. The mortgage being foreclosed is a senior loan. There are no other subordinate/junior liens. However, the property does have Property tax lien and H...
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I have a friend that asked me some questions about forming and putting property into an LLC and I couldn't answer them. So I thought I would ask them here.
Is it possible to setup the LLC so that two people have 50%...
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I'm interested to purchase auction houses, but it concerns me when I read "Buyer Assumes Responsibility of Occupancy".
I do believe buying a house from an auction is considered as foreclosure. Is it absolutel...
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I know people frequently structure deals with disproportionate distributions to the sponsor to reward them for their performance. Every waterfall model I've ever done has used IRR targets as hurdle rates. This is grea...
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Ring in the New Year with a bang and a world of possibilities! As we step into 2024, let's raise our glasses to fresh opportunities, prosperous investments, and the keys to unlocking success. Happy New Year, investors...
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I’m working with a guy and his girlfriend.The girlfriend’s brother passed away last week who inherited a house from the mother who passed away 3 months ago. So both of the previous owners died back to back in the last...
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Sam Zell was one of the pioneers of the REIT (Real Estate Investment Trust) and a billionaire real estate investor. Here are my five main takeaways from his book.
Book title: Am I Being Too Subtle?
First, the ...
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I have been living in my grandmothers house since 2013. In 2016 she passed away and I’ve been paying the taxes. The county sold her house and said it was tax lien sale. Apparently I was supposed to pay a higher rate b...