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I currently live in a college town that was hit pretty hard by speculation and foreclosures. The property I am looking at sold for $125-140k back in '07. The complex is around six years old and in good condition. ...
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I'm a Real Estate newb. I'm a successful business person, but this is my first stab at real estate. Ultimately I want to do this to allow my brother to quit his blue collar job and do this with me full time. But I ...
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I logged on to my local MLS today and noticed a new message with an attachment from the US Dept of Housing and Urban Development (HUD) that speaks (in general) about how almost 1/3 of the US population has a criminal ...
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We inherited my Mother in Law's house after she passed away. I want to add it to our rental portfolio. The balance on the mortgage is a little less than $40K and the value is around $175K. I want to refinance the prop...
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Hi all - I need your expert perspectives! Please weigh in if you have been in this situation before...I have new tenants in a house I am renting in NJ. Rent is 2k/month. A young married couple who seem fantastic. Ever...
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Hi all. I'm about to close on a city-owned property and now the title company is saying because the property came through in rem tax foreclosure, there is a 2 year right of redemption from the date the deed is recorde...
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These seems to be a common unanswered topic. Here is my specific situation: I have about 20 years of successful investing experience in both flips and buy and hold. As a result, I have many friends/ family/ business...
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Hi all,Still trying to wrap my head around the basics of note investing. It seems that to calculate actual returns, you need to of course factor in your acquisition costs, but also the servicing costs. FCI charges $1...
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I'm looking to buy a "live-in-flip" In which I move into owner occupant and then fix it up over the course of two years and then sell. I'm having a hard time deciding what the best way to analyze the flip would be tho...
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How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...