Speaking for yourselves those who have marketed successfully to absentee owners. What are the best types in your opinion? Heirs, people in debt, etc (these people are all out of towners in this example)....Obviously o...

I'm in the process of screening prospective tennants for a new SFH. I have an applicant that came back clean on background and credit check, but when I look at state court records there are many civil cases against th...

I've heard differing ways on reporting flipped home sales. The LLC flipped 2 homes in < 1 yr and 2 homes > year. Partnership is dissolving. Do you record sale using 1065 form 4797 capital gains/ losses, show p...

Finding Owners: Am I doing it right?

I have not had the "benefit" of ordering a $3,000 guru course on real estate. I have studied this myself, and pieced together stuff from other areas. I mean, I was kind of the 2...

When I drive for dollars I find a decent amount of properties in trusts.  Most contain a person's name in the name of the trust and I just mail the letter addressed to that person.  What are you doing with these finds...

It's the nature of real estate investing that many of our deals have title issues that need to be cleaned up prior to close. It used to be that 2 or 3 out of 5 deals would have some sort of delay because of something...

What are your thoughts about this article from Adam Fayed?WHAT ARE SOME QUICK ADVICE YOU CAN GIVE TO AN AMATEUR INVESTOR!1. Compounding is keyWarren Buffett has `only` made 15% over 75 years! `Only` about 4.5% above t...

I'm investigating if I qualify as a RE Professional for the IRS.  I'm retired with no W2 income.  Primary income is from real estate, investments, pensions and IRA.  We currently own 38 units held in LLCs and privatel...

Can anyone explain me how someone sells his property for way bellow the market? Is it legal ( the house should be at 1million $ to 1.3 M $)? See picture attached. Why would someone do that? What is the main purpose, r...

I see an instance where a property has two mortgages, Mortgage A (by Bank A) recorded earlier, and Mortgage B (by Bank B) recorded later.   Mortgage B does not have any subordination language, nor does it indicate HEL...