I'm analyzing a short sale opportunity in a NY college town. I haven't dealt with one before and have been reading about how they can end up a painstakingly slow process!I was thinking it be a smart idea to reach out ...
So I found a 2-Family property located in a neighborhood that my investors buy property. The property has been listed on the mls for less than 1day and is a distressed property in need of rehab that is owned by an eld...
I'm working on a short sale with a home owner. In Michigan, if the property is over 3 acres, the redemption period is 12 months, less is 6 months.
We are almost half way into the redemption. However, the realtor ...
Hi, My husband and I decided to terminate our contract with our property manager in Flordia. The have a clause in there that states "Unless otherwise agreed by the parties in writing, following a notice of termination...
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Firstly, let me start this story with a brief background. I have been in real estate for 15 months now, and I love it. I actually decided to get into real estate because of the experience I had with an agent. They wer...
I have uploaded a file that you might find useful. This is similar to my BRRR Calculator but trimmed down due to notes being a little more straight forward (at least from a variable/output perspective). I have certain...
I'm thinking about going after short sales for flip or buy/hold properties--but the often-lengthy process gives me pause. What happens if I make an offer, but the wait is so long that during that time I've found anot...
Question I have that I can't seem to find a clear answer on:I am going to finish renovating a property this spring, and would like to immediately sell and flip it using a 1031 exchange into more units. The renovation ...
What do you say to a seller when they ask how does a short sale benefit me after I've done bankruptcy? Are there even any benefits? What I've been saying mainly is that its added protection and gets your name out of i...