Hello everyone! I haven't been on here long but I have been reading a lot about taking the first step in real estate. Despite the many articles I read, and no matter how much I am absorbing, its always nice to hear pe...
I might be feeding the wolves here but here is my situation.I moved out of an apartment a year ago. I was sent a bill for $600 (on top of my $300 deposit that was kept). While I didn't scrub everything from floor to...
I'm pretty new to the rental business.
I have someone interested in my condo, but his credit is really bad,
and he is about to file bankruptcy to start fresh. His fiancee who
will be co-leasing and cosigning has grea...
I have a house under contract that is going to auction. The issue is that the numbers are extremely tight. All the investors have offered lower than the payoff, which isn’t going to help the situation. Is anyone famil...
Hello everyone, I’m new to the forums but I’ve been reading, studying, and listening to podcasts for about a year now. Anyway, I could use some input to make a decision about what to do when my current flip sells. I...
Hi there all -
This is my first post here- this is complicated, but hopefully someone will have the patience to read through this and offer some thoughts.
When my wife was 13 (1978!!), she signed some papers to rece...
My current residential rentals have increased a lot in value. If I bought a similar property in my area for today’s price, it would never pass the 1% rule. So I’m wondering if I should sell some or all of these, do a...
Hi everyone!I am close to listing one of my properties that thankfully has appreciated a bunch over the past couple of years.A couple of things I was wondering about in regards to the sale of this property, I plan on ...
Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?
Someone called off my letter that I sent 4 years ago.
Long story short, 3-4 yrs ago, three heirs inherited a house and later sold it to a son of the 3rd heir. First two heirs jointly financed 2/3 of the loan (one not...