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2nd going in foreclosure
Help! My husband has been out of work almost one year due to a back injury at his job. We have been struggling to hold on to our house and pay our other bills. We are not in default with our first mortage, but do h...
Ryan Ahlgrim
Do you pay the buyer's agent a commission on your flips?
I'm an investor who also has my real estate license. My primary focus has been on rentals. Now I'm switching gears and focusing on flips.How have other agents, who do their own flips, agreed on a commission with anoth...
Lee Common
Ever had an idea that years later someone else patented?
http://www.lib.utexas.edu/engin/patent-tutorial/index.htm
All the information the due it yourselfer could ever need to bring ones idea's to fruition.
http://www.uspto.gov/inventors/independent/index.jsp
Mohamed Mahmoud
Estimating rent for property
Hello fellow investors,
So I'm analyzing props in my neighborhood and according to my realtor, rents are pretty high and range from 2300-2800/month.
Of course if that were actually the case, I wouldn't be hesitant a...
Andrea Descargar
Looking for advice on first BRRRR investment property in Michigan
Any advice on how long you should usually wait until refinancing a property after purchasing? I'm new to this and wondering if there is a general rule of thumb on when to refinance the property. The property is in a g...
Jack Young
Foreclosure listing source
5 or so years ago, I had been subscribing to a foreclosure list that would automatically be sent to me, it included a lot of properties in spreadsheet form and organized by area and city. For the life of me I cant fin...
Dave Wyman
LOI format / example
When submitting an LOI for a small multifamily property, should I use a lawyer to draft a template to use? Or is there a standard LOI most investors use? If so, would anyone be willing to share an example?
Thanks i...
Todd Mason
This seems good... Right?
I'm looking at a property in a city that is currently no longer issuing new STR permits and come Jan 1 2023 will shut down all operating STR's EXCEPT those operating in an HOA that allows them ( I've confirmed with th...
Bienes Raices
Determining basis of REO property (rental)
If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
Joshua Dorkin
Where to Invest Next?
One of our users, buyandselllv, posed the question:
Where to invest next?
He was interested in finding out about good areas to look at to find rental property. I realize it is a broad question, but wanted to re-pos...