Jean Norton
Tax deed in Florida
I was the high bid on a tax deed in a condo-hotel in Florida. I'm not really sure how that happened since there is a significant lien both from the condo association and the mortgage company. Both liens disappear si...
Anna Sam
Looking for markets that cashflow for Multi family apartments
Hello Everyone I am Working on our goals for the next 12 weeks in order to come up with strategies and a market to buy properties in. I am located in Florida and own some smaller multi family properties here. But mark...
Account Closed
My Tenants Want the Basement Finished
Hello! I have a four bedroom three full bathrooms property that is currently occupied. I charge these tenants $2000 per month for rent. I verified the fair market value with Basic Allowance for Housing at $2169.00. ...
Bob Malecki
Question on 2nd position npn in CA -- can I contact borrower?
Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
Tom Bud
Tax Help on Fix and Flips
Hey everyone, Wanted to hear the communities response to this;Brand new r/e investor, going to do a fix and flip. Does anybody have any interesting tax strategies in respect to this whole process? (buying, selling and...
Curtis H.
Does paying mortgage give you equitable interest?
Not sure what forum this goes in but I have an interesting question. This doesn't involve me, but a childhood friend. I'm not sure what to tell him. Here is the scenario as simply as I can put it.* Used family member'...
Van Lam
Property in bad neighbor
Hi, I just bought my commercial multifamily in Gainesville in D Neighborhood but It was cash flow day one, I was super excited to go in there and do some brrr. After I did some rehabs on my unit, I listed on Zillow fo...
James Wise
NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
The NAR settled all of their lawsuits for $418 million today. Lots of stuff to dig through in regards to all of it, but the biggest takeaway and change to the industry is that fact that buyer agent commission can no l...
Ernesto Hernandez
David Greene: Long Distance REI Book Notes
Disclaimer, not edited. May be riddled with typos. After all of the other books that i’ve read, this is a great way to cap my months of reading and makes me feel like I have enough “research” to move forward. Enjoy. L...
Jeff Lundeen
Where will people move - Exodus from Cali and NY
California has long been seeing people exiting, and I'd speculate that COVID will increase that trend. Especially as we see tech companies like Twitter, Square, and Facebook allowing Work From Home. I personally see...