I purchased a HUD Home for cash, HUD knew I would not occupy house and was buying for investment. I have a buyer to whom I would like to give a contract for deed.  Does the 90 day rule apply?

Does a 5-day inspection period seem reasonable for a 2 to 3-unit property in Chicago? This is what real estate agent is recommending, but this seems short to me. Would asking for 10 days in this market kill an offer? ...

Hi All: Here's the executive summary - despite the headline, it ain't rosy. Mostly this deals with the office space, but there are multifamily residential implications. Enjoy - and I'd love to hear your feedback. Mike...

Under contract to purchase a rental property and having second thoughts. The  property in question was listed as 2 separate listings, one for a single family house and the other for a 2 unit investment property. The o...

Hello,I would like to know how most landlords act regarding late rent fee vs eviction. In the specific, do you allow a grace period? Let’s say rent is due the first day of the month, what day of the month you start ch...

I have a primary residence (for 2 years) and then rented out (for 1.5 years) and lease renewal is coming up at the end of July.Tenants want to extend another year for a higher rate but I want to sell it before the cap...

The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income. An additional benef...

Can someone explain the concept of transactional funding to me? I understand it's used for wholesaling and is for short periods of time but where do the funds come from? How do you acquire transactional funding?

P.S....

Hello Associates:My name is Earl Allen Boek, I first posted here over 5 years ago, after a rathercrazy time for real estate investing.  As a ex-Vietnam Army Vet with some agent orange issues, my investing, holding and...

I have been a Realtor for five years. Last year, I moved to another state and obtained my license in that state, but am still somewhat active in my previous location, as I intend to still spend time there in the futur...