One of the incentives of a short sale was that you got a tax break based on an act passed by Congress in 2007.
Short sales are classified as debt forgiveness, therefore in a normal situation homeowners would have t...
Hey BP friends,
I was wondering if anyone has experience with MTR out of state? Particularly in the Cleveland/Columbus area. I would love to hear your thoughts on such a strategy, what to look out for? as an out-of-...
Well now it's getting real. Put an offer on a house in Prescott, AZ (red hot market like so many others right now). My intention is to go Short Term Rental via VRBO or similar. I have to makes some decisions in a sh...
Greetings to All. Hope everyone had a festive holiday. I have an opportunity to purchase a 2 family frame and a 1 family frame house that sits on one lot. Neighborhood is A, if not A+ with great school. It's in a de...
Hello all,
I purchased a duplex this year with my wife at the beginning of April. It is recently renovated has a ground floor unit and an upstairs unit. Currently the entrance way to the upstairs unit has access t...
Just had a quick question on acquiring probate listings at the courthouse. I live in Arapahoe county in Colorado and am trying to get a list of open probate cases to start my investing and getting some leads. I call...
I previously posted a different deal. This is a lower priced one. Below is a snapshot.
[b]Ratio Information
Loan to Value 80%
Cashflow / Initial Investment 8%
Cashflow / Assets 2%
CAP Rate 6%
TOTAL OPE...
I closed on a 10-unit on Monday. On Wednesday I was offered to flip it for 50k. I know what I did, but would you do it?
Would some of you be willing to share how you structure your agreements with the Realtor(s) you work with?I've been working with a friend who is a Realtor, and I've signed the standard buyer agency agreement form, whi...
Why Most Single Family Property Managers Suck and What We Can Do About ItAccording to the 2014 U.S. Census, 43 million Americans are renters (35%). A large portion of these renters rent detached single family homes. ...