Purchasing a $1MM vacation condo and the Seller noticed that we're splitting the hefty $15,000 HOA Transfer Tax 50:50.  He wants us to pay for all of it.  He just caught this right before the loan docs are being drawn...

I spoke with a seller today who has stopped paying taxes on 5 acres of rural land.  She lives out of state.   She told me that she bought the land from a lady and the lady's sister owned the title company where they c...

Hello All! I am totally new to this and decided to call FSBO's and connected with someone in another state about a property in CT. The property is free & clear and the owner is willing to do a lease purchase with ...

Agents, experienced folks & Psych majors, help me out! Looking for ideas! Oregon.We are under contract. Our current closing date is in 8 days. The seller has been extremely difficult to communicate with (accordin...

Hello,
We are purchasing an off market deal in Ohio, we are in CA, that was found through a wholesaler. We are purchasing above asking price. The contract has been signed and the money was wired 2 weeks ago. We have ...

I'm looking at a four plex later today, gross rents of $1600 asking price of 165k.  The rent is definitely low, it hasn't been raised in years, these are studio units, so I'm having trouble finding comps, I have found...

Hello,

I am looking in to Phoenix, AZ market to pick up some buy and hold properties. From what I read it seems like that market was very hot in early 2013 and not it has slowed down quite a bit. I would like...

(Re-posting this from my BP blog in case it's helpful to any of the forum readers. This is far from an exhaustive analysis into the mechanics of 1031 exchanges, but the high level thinking may be helpful to those look...

The numbers:
2 bed 1 bath in a 4 unit building
Asking price: 90k
Taxes:~4k
Monthly Assessment:$50
Can be rented for: $1000 a month

This will be the first deal I would be doing as an owner financed deal- actually this...