A situation arose with a 1031 exchange I am in the middle of in Denver, CO. Here is the timeline. 1031 started Jan. 2nd. Identified a property and closed Feb 26th. Gave the existing tenant 29 days to vacate the proper...

Hello all, just made my account here on the site to get some advice. This is the messiest deal and worst real estate agent I've ever had the displeasure of doing business with. Please feel free to skip the details and...

Hey Everyone,I'm stationed overseas and my fiance and I separate the military in December. We'll both be veterans and utilizing the GI Bill for college and our income will be about $3400/month from the GI Bill. With t...

I am placing an offer on a HUD listing. One of the lines on the sales contact asks "The Earnest Money shall be held by..." When making an offer on a HUD listing doesn't HUD generally hold the Earnest Money? This is my...

I'm bidding on a HUD foreclosure I bid a net to them of 55,250 as an owner occupant during the owner occupant period. I then got this back from them:

However, HUD has initiated a counter offer process on this proper...

Hello, 
Currently I have $150 cash flow monthly from a rental property with interest rate 3.0%, and I would get >$400 cash flow if I do refinance (of course, higher interest rate for sure). What would you do? keep...

It appears that 2-3 years are the typical length of Lease Option Contracts but that does seem too short if you are really hoping that the tenant/future buyer will really repair their credit in time to exercise their p...

Hi all,Is anyone else currently in the middle of a 1031 exchange? Looking for options to extend the timeframe. We are under contract on one property that will use half the value of the 1031, and are considering our o...

Earlier this year, the IRS issued guidance extending the time periods for individuals currently in a 1031 Exchange due to the Coronavirus pandemic. IRS Notice 2020-23 provides that those performing time-sensitive acti...

(Oops I can't fix my typo in the subject line!) :(Just read about an incredible extension that 1031IPX is saying the IRS is allowing in certain states this year. The example is making me drool...in a good way. I wasn'...