I'm looking at bidding on an auction REO in San Antonio, TX. Fortunately, Auction.com provides a title report (for whatever it is worth) with their listing. Their report shows about $102k worth of liens (federal tax...

It came up a while ago that there are free college classes available from places like Stanford and MIT. There are new ones coming out now in video format which until now had been a short coming with MIT (text and pdfs...

Have you ever heard of a currency bubble?  One could liken it to what happened to Germany after World War 1.  The government printed money at an exorbitant rate in an attempt to stimulate the country's economy.  Did i...

A while back there was a helpful thread where people talked about actual, specific experiences with REO's. Many of these stories ended in banks not accepting the offers (which is good information because a lot of peo...

I'm considering signing up for a membership with the Landlord Credit Bureau to set up a new system for tenant screening and credit reporting their rent payments.  Anyone else a member?  They say on their site that the...

Hi all:

I've got two rental properties that I'm about to put into LLCs via Land Trusts. I'm pretty confident this will take care of my concerns about homeowner liability and the "due on sale" clause.

My remaining c...

Do you have any experiences with Chicago demo court ? I have a property that's a good material for flip…but I would like to find out if the demo court is really tough to work with. Basically I would not like the situa...

We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...