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Bought home, found out someone died in it.
I have a very strange question. Back in October my wife and I bought a new home. It was that house that wouldn't sell. Aside from the landscaping being terrible, the paint colors atrocious and some other minor cosm...
Bruce D. Kowal
Can I rely upon my tax preparer to avoid IRS penalties?
IRS is not shy about disputing claims to Real Estate Professional status. It's an easy desk audit for IRS. They query Schedule E losses. And if IRS challenges your claim to be a Real Estate Professional they will s...
Chris Vair
single family to multi-family
Hi all,I have found a two story house 3/1 on the main floor, 3/1 in the basement. House is currently zoned for single family. I went to check out the house and there are kitchens on both floors. My idea is to add a...
Samantha M.
Certified Field Inspector
I was searching through Craigslist and found an advertisement for a class that provides certified field inspector training. However, being as its both on craigslist and a training program I am automatically raising re...
Manuel Savorelli
About to close on first apt, insurance question.
Found a 9 plex that cash flows after underwriting it including property management and all expenses. About to create LLC. My question is regarding insurance. At what point will I need to discuss insurance on buil...
Kate Brown
Liar Kris Thomas Land Flipping 101 is a Fraud!!!
Land Flipping 101 by Kris Thomas: SCAMGuys, Kris Thomas and Jessie Griffin of Land Flipping 101 are FRAUDS and SCAMMERS. I have been in the $30,000 50/50 split of 3 deals course 6 months (actually just got kicked out ...
Brent Huling
My appraiser gave details to the seller
I am in the middle of purchasing a home as a fix and flip rehab loan. The ARV did not come in at value and the lender is asking for $50k more out of my pocket. I wasn't feeling comfortable with the deal and was deba...
Danny Woodson
cant find comps
what do i do if i can not find comps for a multifamily? how am i supposed to estimate the what its resale is?
Luiz Souza
Chase playing hard ball
BPO came @ $330K. My last offer (asking for zero cc) was $291K or a bit more than 88% of the BPO . In addition, this property was involved in a house fire back in 07.
Got a message late last nite from the negotiator ...
Agustin Rossi
What to do if a motivated seller asks for proof of funds?
What do I do or say when a potential seller lead ask me for proof of funds to put the house under contract? And then what do I do if a potential buyer wants to go see the house during inspection time, what do I do or ...