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Now that I got your attention, let's talk about Short Sales and whether/when they are a good fit.First, some context:A Short Sale is when the NET proceeds from a Real Estate SALE will fall not cover the DEBTS secured...
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It is apparent that the motivator in real estate investing is gaining financial freedom. Great ROIs are goal….hot up and coming areas are ideal….BUT….how does creating NICE, low income housing (sfr or multi) fit into ...
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Please tell me I'm doing the right thing.Right away I recognized the red flags, VERY polite and eager to move in right away. Claims her credit is fine. I even asked if she had collections from past landlords. Turns ou...
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I attended a high income seminar today. The sad part was that the seminar title was Strategic Defaults! The speaker was very high powered attorney in swfl that has been doing these for a couple years. The stats came f...
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I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik
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We have an investment property that we bought in 2004. We had an adjustable rate mortgage, so we refinanced in 2006 to a fixed rate, because we were to afraid of what the rate would be if we waited longer. We have a f...
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Hi all,
I need help figuring out this process from beginning to end. My mother just inherited a small piece of land. It's 4 - 4.6 acres located right outside of Washington, D.C area. The location of it isn't as impor...
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What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
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This morning the CDC extended the eviction moratorium through June 30, 2021. The first stipulation states the tenant is making best efforts to secure assistance. Given the $50B that congress has allocated to rent assi...
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I was in contract to buy a SFR property in Charlotte, North Carolina and had paid a $5K earnest money deposit. This was back in February 2021. Now sometime in June, I heard from their agent that the SFR was nearing co...