Alex M.
Listing price on house dropped 10k after i won auction
The house was listed on mls for 139k went to auction and i won auction at 131k but auction house charges 5% (6.5k) but didnt meet the reserve price. So they reached out at said the will consider and review my offer an...
Laura Ryan
House on Hubzu
I am eyeballing this house in my town on Hubzu. What are your thoughts when you read a description like this:Property Description REO Occupied - the seller does not represent or guarantee occupancy status. NO VIEWINGS...
Khanh Tran
Seller wants to sell me property and rebuy the property back.
Hi,There is a motivated seller contacted me today. He has a commercial property, which is scheduled to be foreclosed in the next few days. He has some equity in the property, and he wants me to buy his property and se...
Chris Salveson
Foreclosures in Minnesota
In Minnesota, residents aren't given a pre-foreclosure notice. So i'm curious who owns the house after a notice of default is given? For example, on Zillow a recently posted house was listed as a pre-foreclosure and...
Sam Leon
Pets DO cost more time, money and stress
First, I have nothing against pets. I do allow pets in some of my rentals, but I have to say, they DO add to my cost, yet I do not charge a pet fee.Here is a list of things I have personally experienced a tenant's do...
Owen Schwaegerle
Tax returns for joint tenants with right of survivorship
If you are a joint tenant with right of survivorship on a property how does the accounting work for tax purposes? Let’s say there are five people on title as joint tenants with right of survivorship for one property. ...
Chris StPeter
Pre Forclosure?
What is a Pre-Foreclosure? On Zillow they always have Pre-Foreclosure Auction listings. Can someone please explain how this works?
Thanks
Rodney Sums
Master lease opportunity
A good friend of mine owns a condo free and clear. They are unfortunately way behind on HOA dues which resulted in a lien. They are also behind on property taxes. They don't have the credit or cash to do anything a...
Benjamin Carver
Savings versus Index Fund
Scott Trench states in the conclusion of Chapter 9 that it is "inefficient and dangerous" to attempt high earnings if an investor possesses less than $100,000 ready-to-invest dollars. He goes on to say that it would b...
Andrew Caleb Bell
Critique of Spreadsheet
I know there are several sheets already available, but creating my own helps me get my head around numbers and thinking through all things clearly. That said, I was wondering if anyone would be willing to look at my ...