Jim Klapmust
1031 splitting from shared ownership
Hi all,Back in 2004, my brother and I acquired a rental property. We split it 50/50 and continue to this day. We aren’t structured as a partnership or LLC, just two bros who bought a house together.Fast forward to tod...
Greg Rutkowski
Utilizing a Lease Option to buy as an Investor
Alright,I have a challenge for everyone. I'm not sure if anyone has read "The Real Book of Real Estate" by the Rich Dad Team but they reference using a lease option as being an investing method to purchase a property....
John White
Advice on Doctor Office Deal
First post - I've learned a ton here so thanks to everyone!We're considering our first commercial property investment. We've negotiated a deal on a building in a very affluent area of my home town for $385k.The tenan...
Bret Maryon
Any ways to get owner occupied financing in a 1031 exchange?
I have a condo in San Jose that I bought in 2012 for $166,000 (it has been rented out since the purchase). Market Value is now $400,000. Im looking to complete a reverse 1031 exchange and purchase a single family re...
John Collins
32% of U.S. households missed their July housing payments
How are you guys on payments now that we're entering July?https://www.cnbc.com/2020/07/08/32-percent-of-us-households-missed-their-july-housing-payments.htmlAs the economic fallout from the coronavirus pandemic contin...
Tyler Mutch
Selling or leveraging current notes?
Hey group,Looking for some advice here, I have a couple of first lien notes on two separate investment properties owned by an investor in my local market. One of the notes is for 9k @ 20% interest only (150 a month), ...
Kez Strong
Seller financing checklist
What are some things one should be requesting and looking for on seller financing opportunities where the property already has tenets?
Tehane Gallimore
Watauga County North Carolina COVID-19 Ban on Short-Term Rentals
I was recently notified that Watauga County in NC has recently banned short-term rentals due to COVID-19. We have a lot of reservations on the calendar still despite the current state of the world, but I was curious w...
Jerome Brown
Foreclosures in Miami, FL
Hi Sean,
Can't help with the local info, but I can address your first question. If the second lien holder is the one foreclosing, and they (or anyone else) buy the property at the sale for the second lien, they're bu...
Benjamin K.
Do I need a Realtor to Sell Rental to Tenant (Houston, Texas)
Would I need a realtor to sell my rental to the current tenant after the lease expires? If not, what would be the proper procedure in doing so. Current lease expires at the end of next month.