I've been reading up on this, and have become very interested in it. It looks to be rather inexpensive, in terms of most real estate ventures, and the risks look very manageable. Has anyone had any experience with t...
Hi all, I just got under contract on a multi family deal in Mobile, Alabama. This is out of state for me as I live in Texas. The contract is for 3 properties: one property contains 2 studio apts and 19 boarding rooms,...
I am looking at a bank foreclosure that will be sold by county sheriff at the courthouse step in Ohio. A title search revealed several liens against its owner (breach of contract, credit card judgment) as well as mult...
Hello, I continue to question my investment in Laguna Niguel CA. I purchased a 3 bdrm condo for $365,000 in Dec 2009 with 20% down. I now have a 4% loan but pay $280 in HOA fees monthly. I did about $16,000 in i...
Check out how Slocomb was able to save money on taxes. Thank you, Theo Hicks for sharing this blog post with us.
Through cost segregation, you may be able to save thousands of dollars on your annual tax bill. If you ...
People talk about UBIT like a kid talks about a big scary monster under the bed. Here is my experience as something to reference. Ready..., Fire..., Aim...I keept hearing about UBIT at seminars "Be careful, you co...
Greetings my name is Gail Boucher. I 70 y.o. and own a 3 family which im sick of being a landlady. I bought the house for 230 in 2007 and its worth 600 now. I dont want to buy another rental obviously but i want to av...
I have identified the properties I want. They are fully occupied with paying tenants. I have asked for two years of financials to substantiate the claim. What other type of documentation should I ask for? Is there any...
Hi guys here's my current situation:
I've had my first house for almost a year, I have friends that rent from me (boarders income I believe it's called, because I live in the house myself?).
Not factoring utilities ...
Hello, and thank you for taking the time to read this!I am new to real estate and am having a blast learning. Hoping to make my first deal soon and stumbled across a local auction that might help me. I am looking at s...