While searching for my first investment rental, a family member offered to sell me their home (single family) for the amount of their remaining mortgage which is roughly 200,000. The home value has been assesed at 322...

Hey Guys,I was looking at a property in the area to flip but it was part of the "Homepath" program where owner occupants get first dibs within first 15 days.  After learning about it, I actually thought to knock down ...

I am new to REI, so please forgive me if I am not using the right terms.A friend of a friend does fix and flips in NJ and offers private money investors a 12% return with a $25K minimum investment. Does anyone have ti...

Hi, I just closed on this duplex. Both of them received a letter from me saying that I am the new tenant. I reminded them of the existing lease contract and the due rent dates. One unit I sent an additional notice to ...

After reading through the landlord forum and taking notes, I have a list of recommended clauses to put into leases. Some were just copy and pasted, so there is some added "commentary" to them. Some of them are also go...

Hey guys, I had a few questions I wanted to ask and the first one is if anyone has had problems in IL using double closing/back-to-back closing/simultaneous closing (whatever you want to call it) where there are two s...

Question: a student moved in to my student rental on June 30th. I let her move in a day early because she was traveling on July 1, free from rent for the 1 extra day.

Yesterday, she tells me her father was diagnosed ...

Hello everyone,I am going to apply to assume an existing loan on a 25 unit property that I have under contract.  The company that the loan was originated with said that their basic qualifications are that I have a net...

I'll keep this as brief as possible, but I want to convey my uncertainty. FYI, this is my first purchase, and this would be a house hack (triplex).My offer on a new construction home was agreed to and signed at the en...

I have cash sitting in a tax deferred IRA account.  I am looking for alternative tax strategies to use in investing these funds for real estate investing.  I realize by taking a cash distribution it would be considere...