Ok guys, here is the down low.. (or is it low down?). I signed a contract for a GREAT rehab deal for a house in the hottest part of town in our county. Got the deal from a door hanger! Tried to get in touch with these...
Hello BP. Thought this one was a tough one that only a CPA could figure out and a good learning lesson on how to take title. What will he/mom be taxed if they sell? Can taxes be avoided? Had someone come into my open...
Hi everyone, hope this is the right place to post this question. Basically I'm looking to see what options my mother has on a property that is owned between herself, my aunt , and my uncle. Here's the quick backstory ...
Hi all,I used to have a rental property, but sold it about 8 years ago and am now looking to get back into rentals as investments. I'm inheriting my mother's rambler home in Minnesota (valued at about $250,000) along...
I have a seller selling his mothers 3/1 home in Amarillo, as is-needs some work-asking $50,000. CAP is $58,000, actual tax appraisal on home is $51,000. I don't think I can make any kind of profit at $50,000. Seller c...
A relative sold a shopping center. There were issues in the title that were going to prevent the sale. So relative offered to pay my mother and son $36K each, to have them quitclaim off the property. His alternativ...
My mother bought a two family unit in 2002. My uncle did her the favor and signed for the purchase. Technically speaking my uncle owns the house. My uncle would like to be taken off the loan so, he can pursue his own ...
Any recommendations for a contractor in Memphis? I'm in contact with someone whose mother passed away a couple months ago, she is inheriting her mother's home that is now facing foreclosure in a few weeks. I'm not in ...
Hello! My family just inherited a 3b/2bth in Dothan, AL. My mother is there now cleaning it out. It needs a lot of cosmetic work to sell retail. I’m trying to link up with a GC to walk the property with my mother and ...
Hi, my parents are in a financial crisis. My dad just had a stroke that left him disabled and unable to work. He is going to require 24/7 help. My mother is the caregiver of a granddaughter and now my father, so she i...