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Hello. I was recently in talks to purchase a three unit building in Maine. Original asking price is $110,000. Owner dropped price to $83,000 after approx. 9 mos on market. The owner is the son of the deceased prev...
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I just left the office of a broker, I know well and who has been an agent over 20 years. She says she had never heard of "wholesaling" and didn't understand how I could market a property "I didn't own". This came up...
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You have probably heard about a magical bill that allows more flexibility in usage for your lot and potentially provides more available housing for California residents looking to rent. That bill, of course, is Senate...
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i don't understand how it differs from buying sub 2 and then selling using owner financing? thanks in advance for your help.
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In light of the recent lawsuit against the National Association of Realtors (NAR), There has been significant discussion regarding real estate commissions following this settlement. Today, I want to take this opportun...
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I don't understand how Dave Ramsey was screwed over so bad. He was young, had a lot of debt, but had about $1M in equity. He says the banks he went through were bought out and that the new owners wanted the debts paid...
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This my be common sense to some but I have a question about the county assessors values.
There are 3 columns on my local CA site. First one is "fair cash", second is "not capped" and third is "assessed". What...
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Hello Everyone! I saw in Chicagoland area that people are buying small houses and build over several floors. I wonder what are the potential profits from those? I saw it mostly in the north subs. For example, they pur...
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I have read on it and i still don't think i grasp it. I read a story where someone had a 300k house that went up to 400k in value. they then pulled out the 100k extra and used it get another house. they mentioned t...
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When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...