The biggest newspaper in Phila - The Inquirer - recently ran a story from a reporter who was having issues 14 years after he agreed to allow a buyer to acquire his property by a "simple assumption" of the mortgage; so...
Hi Everyone,I have a pretty simple and boring tax situation.I have a W2 from one employer, as well as one preforming rental property that I've acquired earlier this year via a turnkey company (cash purchase).I'm looki...
So I have a parent PXX LLC in WY and then child A1 LLC, A2 LLC, A3 LLC in Texas. Each child LLC has one property. All lease are signed under A1, A2, A3 llc with tenant.
Now for the rent collection, expenses paid etc...
Anyone experience in taking over a seller's existing loan? I read that in some cases depending on the date the loan was created that FHA and VA loans you do not have to qualify but in most cases you do. I know you can...
i am a retired teacher. I use Turbo Tax. In January 2016, I purchased a four family apartment building here in Cincinnati for $100k. It was completely rehabbed with an additional $150k. The total investment of $25...
If the property can generate adequate net operating income to support sufficient debt to finance the property and provide a satisfactory cash return to the developer-investor, the project is financially feasible.Good ...
I want to hear of your experiences with the city of Miami for permits/inspections.What were some of the biggest obstacles you faced?
I have been reading David Greene's book on long distance investing. I am having trouble starting a good system for search criteria for cities to invest in, some say look at jobs, others say schools and the list goes ...
I'm working on my first short sale. Meeting with the seller tomorrow to collect all of her info. She is in pre-foreclosure and owes $204k on a property that would likely sell for about $135-145k or so.
I have a f...
Bill Vaughn "The Simple Man's Guide® to Real Estate. Can any you please give me your honest opinion on the training. one that use this training give me a review on it. Would you recommend it?On a scale of 1-10. 10 be...