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So, we had another thread going for a couple of weeks here. And this is not yet a success story, since a lot of work needs to be done to make it a success. But, today, @Sam Grooms and I closed on this 98-unit in Phoen...
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Today Joe Biden outlined his $1.9 trillion stimulus plan. Included was a proposal to enact a federal ban on evictions through September of 2021.
Talking recently with our attorney, he felt eviction moratoriums were ...
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And Obama just vetoed a bill that would make it easier for banks to foreclose. Can anyone out there tell me a story about someone that has been paying there mortgage and was accidentally foreclosed on?????? ...
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My mother bought a 2 family house for 514K back in 2006. The mortgage was very complex and handled by the now defunct WMC(of GE), infamous for using scissors and xerox machines to fake documents, and anything else im...
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...
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So I just finished doing all the calculations for this flip. Man it was a beast. Almost 10 months from close to close and a huge project for a first time flipper.So here's what I got:I had a call from a direct mail ca...
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I was told by someone that I need to set up an LLC or S Corp to wholesale real estate. Im not too sure if that is necessary though as I will never actually have ownership of the house. Any info on the topic would be m...
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I'm asking for any advice on an issue with ABC Capital in Philadelphia, PA. I am dealing with four properties with them as I have financial power of attorney for my ill father, who owns them (so this is all quite new ...
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Hello allI've been doing my best to get educated as quickly as possible, from the forums, blogs and podcasts mainly. I was hoping that you all could provide some guidance on how I should get started in my current sit...
Hi,I'm interested in buying a rental property somewhere in Rochester area. So far I have identified several interesting properties that are within 1-2 miles from RIT. I would appreciate the advice of someone who lives...