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I'm contemplating providing private money loan to a someone that purchases homes (usually with hard money) at auctions. They claim they can have my loan back plus 10% in 30 days. My question to you all is how possible...
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I have recently purchased a 12 family apartment building in Lowell Massachusetts. The previous owners were very lax in their policies and procedures and have let people run the building how they see fit. One of my mai...
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I purchased a property from Spartan in Dec 2016 as a recommendation from my financial advisor in AZ. Spartan finally got it rented in April 2017. Tenant was often late, but eventually paid so I allowed them to renew ...
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I offered to make a short-term loan from my SDIRA to a friend who is buying a property in St Louis. Neither of us has ever done this before so we would like to know the correct way to set up the contract. Should w...
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I'm just curious, does anyone have experience with Residential Care Homes? I saw one advertised that was a house set up for six people, fully occupied. They claimed it was 10.5% CAP. I'm just wondering, is this akin t...
Beside Title search, Title insurance, Real estate tax, HOA fee, recording fee etc...do I have to prepare anything else for the closing after the Trustee Sale Auction ? If it is a cash transaction then how long is ta...
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I would greatly appreciate if someone could let me know the correct # of MACRS depreciation years that a manufactured home not anchored to land (e.g. sitting on leased land). Specific links or references to IRS public...
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So here's the story of the missing $1000…I work currently for a property management company and we have around 300 single family units. You can imagine that the first of every month is crazy with people bringing in t...
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I am in the process of purchasing an REO property but have now had the closing date moved twice by the bank because of problems with the title. The title company says they cannot insure it due to the bank foreclosi...