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A good friend told me of a property belonging to the family of his kid's friend. Father passed away a 6 months ago. I'm told by my friend: $70,000 back taxes due. I checked two most recent installments paid. Wife...
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Hi all: Just found this forum via google, so much amazing information! My husband and I own a couple of small buildings(3plex & 4plex) in the bay area. They are both doing great cashflow wise and we don't hold a...
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This is by no means all of the guidelines..... Just some basics. This past month FHA has gotten much more strict and fine tuned their guidelines. Single Family Residence or The rental units are an owner-occupied two (...
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Below is my long term game plan/ strategy to financial freedom. Please tear this idea apart and let me know what can be improved.-Purchase a combination of small rental units 3 to 10 unit buildings. 10 units over th...
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I have to decide what to do about refinancing two of my duplexes, and the banker is pressuring me to return my application, but closing costs are really hard to swallow. Here's the situation.Duplex AValue $90kLoan: $3...
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What are the downsides I should watch out for buying condos for buy and hold verses single family homes? If any?
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My wife holds her a real estate license and is in referral status, which means we get a nice little kickback from each property that we buy/sell. My realtor has recently moved to a new company and we were loyal and f...
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Today, I wanted to highlight some of the features for the First-Time Homebuyer Assistance Program in Utah. There has been a lot of Buzz about this program and what it does for first time homebuyers and when it is appr...
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Hi All,I bought a SFR in the KCMO area back in January 2021. It has strong cash-flow but has also appreciated quite well. I am struggling to understand how to pencil out at what point the correct decision is to "trade...
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As a flipper, do you sell FSBO or use a seller's real estate agent? Does a good seller's agent raise the realistic selling price by the 3% it costs to hire them?I'm assuming you expect to pay the buyer's agent's 3%, o...