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I offered on a property done by rehabbers. They want to make their profit and I want to make my returns. Originally, they priced the house at $94,900, someone else offered and financing fell through. I don't know if t...
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I haven't seen much discussion on targeted real estate markets and I don't see this category on the forum. Rich's post caused me to wonder what RE markets everyone thinks are the best to invest in. Where are you inv...
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We are thinking about renting our 3 bedroom apartment to a family (2 parents and a 20 year old child). The family just sold their house and received approx $200k from the sale. Seems like they moved out due to finan...
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I am about to purchase an investment home and I thinking about selling it using owner financing. I am getting a private loan to purchase the property for $58,000 will put $5000 into rehab (it is a foreclosure that is...
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I'm kind of out of the loop on the REO scene since I bought my two properties in January and haven't made any offers since.
I've been told recently by someone that there are bidding wars on Fannie Mae properties now...
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I was just typing up my notes from a 3 day real estate seminar that my real estate club sponsored and a light bulb turned on.So some background:I purchased a house that had some title issues because of tax deeds in th...
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Today's the day... While the deal may be small, this is a big day for me. I have been reading REI for years and studying the local market. After getting in a more stable financial position (and with bank pre-approval ...
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I've received some PMs and e-mails asking about setting goals and what do I do in retirement. I've ressurrected an old blog from nearly a year ago that was done in 2 parts. We have SO many new members, I decided to p...
When you read section 1031 it is very clear that personal property is not included in this type of exchange. Homeowners that qualify though can take the section 121 exchange.
There are circumstances though that a 10...
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Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...