The good: This property is owned by an elderly woman who is in the hospital; her two daughters manage it, but they live out of town. They don't seem to know a lot about marketing their property; it is not listed for s...
As the subject explains - I currently have a VA appraisal ordered - but I'm worried that the VA appraisal will come back with repairs needing to be made. The roof is a tin roof but quite old and has patch work done on...
As a passive investor in an apartment syndication, you receive distributions along the way, then a larger chunk if/when the property sells or is refinanced.These payouts to the investor are typically deemed either "Re...
Hello, my name is Nicholas,Ive been interested in real estate investing for a while now, I've been wanting to become a real estate agent since I was 15. I graduated High school a year early, so I can focus more on rea...
I am looking at purchasing a property in Minnesota at a Sheriff's Sale/Auction. The regulations for foreclosure sales in Minnesota seem to be quite different from surrounding states. I am looking for some feedback fro...
Every real estate investment involves risk. Some investment properties have substantially more risk than others. Real estate development is generally more risky than purchasing a stable core asset in a large market....
Hi, new to BP and love what I'm seeing so far! I'm an AZ-licensed RE agent and have a question that nobody seems to have an answer for (except possibly an attorney).Situation: Auction.com is having an upcoming forecl...
Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...
Ask any question regarding multifamily lending with Fannie and Freddie. Topics may include proper expense guidance, COVID-19 escrows and their releases, net worth and liquidity requirements or non-recourse elements. I...
Hi All,
I am in the process of wrapping up my first project. As expected, I had some troubles with the GC on quality of work, what was agreed to VS what was done, etc. I have met a lot of good workers in di...