Dawn Knouse
ready and willing
Hello everyone! I need help. Here is my scenario. I am 60 years old with no retirement. My goal is to pay off my home within the next 5 years buying, flipping, renting. In this process I have the desire to help others...
NA Jones
Tax implications of selling stock to buy property
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
Jafar Seife
Owner Dies. There is No Will. in Place. Son decides to foreclose
The owner of the property died recently. There is no will in place. The owner is behind on monthly payments. The son decides to let the bank foreclose on the property. Is there a way to purchase this property before t...
Wayne Scheler
Bank Refi Existing Loan & payoff 2nd pos. Creative Private Loan
I've got a small apartment building that I would like to refinance. Its worth about $425K and I've got $40K left on the bank loan that matures next year. I would like $265K so that I can payoff the balance and build a...
Wy Kay
Landlords: What was the most difficult problem you experienced?
Share a difficult situation you experienced and how you handled it as a landlord.
Account Closed
Can you buy and sell an option on the same day?
I have two questions about getting an option on a property:1) When you buy an option on a property, how long does it normally take to register the memorandum with the county?2) Is it possible to get an option on a pro...
Chip Chronister
Got a deed for collateral
There is a house that was sold at a tax sale and I gave the couple a small loan so they could pay the taxes on the house and redeem it back, she claims that she did this but the man who bought it at a tax sale filed a...
Mike Sather
Property Video Walk-through
I have gotten several requests lately for video's of the inside of my property from potential guests. Is this becoming a thing, and if you are doing it, what platform are you using since Airbnb will not allow video's?
George Eliot
Significance of "principal residence" question on QuitClaim deed?
Hi everyone,
I'm a soon-to-be first time homeowner once my father gives me a house he owns via a quitclaim deed. I am just wondering if there are any legal/financial (as far as taxes go) implications in answering "...
Cory Clay
Use the 1% or 2% rule?
Hi, this is for anyone that invest in Houston, TX or surrounding areas. I'm taking the steps to analyze deals in the search for my very first one. As a rule of thumb, do you use a 1% or 2% rule for narrowing deals dow...