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AHHH!!! I just bought my first rental property, and am freaking out a little bit! We bought the property (in great condition!) for $47,999. It's an awesome property 3 bed 2 bath, 1,300 sqft, tax value is $110,000, th...
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If a seller owned a property for 30 years and hasn't raised rents in a decade or more, how much would you pay for it? The property I'm referring to has been meticulously maintained, no mortgage, owner was wealthy and ...
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I just noticed there is a duplex going up for foreclosure auction in a few weeks. This property is in a neighborhood that I am very familiar with. I know the market rents and I know exactly what this property will sel...
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I currently have bad credit but make 100k a year and rent a house for 1450 a/mo. I was originally thinking of flipping this house and had a couple investors semi lined up however in reviewing the house and going over...
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When doing a Contract for Deed, how do you protect yourself, as well as anyone you place in the home?How do you prevent the Do On Sale clause from being exercised?I see many people promote doing deals in a creative wa...
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Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
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I've been talking to a lot of people and can't quite get to the bottom of what a realtor can do for me. They say they can access more buyers, but can't I find most of them just by doing a flat fee service to get on th...
Hello,
Some of my pre foreclosure owners are perfect candidates for a short sale, (1st and second notes are about equal to the market value, or are upside down) but they have basically given up on homeownership, and a...
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I'm an REO agent representing many banks and doing very well. I am not very experienced with short sale listings though. Just read an article about REO being dead and short sales are where it's at. My experience with ...
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I’m considering selling my rental property in Las Vegas. I purchased it back in 2011 near the bottom of the market for 135k. I currently rent the place for 1600/month with a loan of 80k @ 4.6%. Estimated value is 330k...