I'll be done with a piece of real estate and will be moving across the country as soon as it is done. In a perfect world, I'd like to use the proceeds from the "flip" to fund the moving expenses which will be around $...

I am a commercial property manager/contractor. As many of you may know in commercial real estate prospective tenants almost always need a renovation. I was wondering who normally pays for the reno and who deals with a...

I purchased my first list from Listsource  targeting absentee owners with high equity.  My list generated 269 leads but 69 of the leads have the owner of the property having the same address as the target house.  Is t...

I have seen several bank owned listings in which there is a owner occupied priority period. How is a bank able to enforce this? Does anyone know if it is occupied by an adult child of the owner if that is acceptable?

I've been checking out a few homes in Cleveland I'm finding that Asbestos is a common thing that tends to be in the homes. Does anyone here find that to be common in these homes and if so, how are you moving forward w...

1. Worthwhile for a 4 family?

2. How much notice must be given to tenants? They currently each have their own washer and dryer.

3. How is hot water supplied? Each unit has it's own water heater, must I ...

Please check out this link and see if this is a good deal. I have done some calculations with this online tool to the left of the forum, but I just need to know if what I see is right. I will save any info I have u...

I was looking at one property that the realtor claimed to have a 24% commission to sell. The property was listed under $30,000. There was nothing special (bad or good) about the property. Just another average lot with...

Hello all--

Question regarding LLC's. Is it better to put each property under 1 LLC or to get an LLC for each property??? I realize there may be different tax consequences for each scenario. Any guidance would be ...

Over the past two weeks our law firm has seen a new trend in our market. We are seeing the real estate investors who bought large numbers of property, finally start losing their ability to pay. The typical scenario an...