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I am wanting to learn how to properly purchase tax liens in Texas at the auctions. The reason I say "properly" is because I had gone to one several months ago and bought a property, long story short I ended up bidding...
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I'm looking at a deal right now - 16 unit apartment complex. Asking price is 1,435,000 and the units have been recently refurbished. NOI is claimed at 100k making the cap rate 7%. Assuming someone put down 20% on s...
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Hi everyone,
A couple of weeks ago, I noticed a seemingly vacant and distressed property near my current residence. After conducting some title research, I discovered that the property is owned by the local nursing h...
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I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...
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The deceased was given the house when his parents died, so the deceased inherited the house. Now, that he has passed away. The house has been sitting there boarded up. Nice looking house. I wrote a letter to the decea...
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I'm a little confused about the term "subject to" when it comes to non performing 2nd mortgage workouts.
I've been learning about various workout scenarios possible with non performing 2nd mortgage's and I se...
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Hi!
I’m a new investor and bought a vacant lot as a quit claim deed from a bank. The bank hadn’t paid taxes on the lot for the past 8 years. So, I paid the taxes and the bank gave me a quit claim deed. When I went to...
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Hello
This year my wife and I started our real estate journey. We have one house that is being renovated currently and closed this week on two townhomes. We used a private lender to purchase the first house. For the...
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Hi All,
I am researching buying rental property w/ a SDIRA. And after talking to a SDIRA custodian, she schooled me on non-recourse loans and the taxes associated w/ purchasing leveraged property.
So I am wondering...
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Hi All, Noob out of state investor and this is my first investment property. I recently closed on a duplex in OH. Both units were being rented. However Renter 1 stopped paying rent during the ownership transition.Prop...