I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July.  I contacted him and he says he mailed his rent check  and it has already been deducted from h...

I was approached the bank I use about buying 42 house between 2 blocks (all the house on the 2 blocks). All the houses are currently owned by bank; at one time it was all owned by one person. Most of the house are c...

So I received a call for help on this scenario.   Trying to figure out how it could work. Borrower faces foreclosure sale next week.  He needs $19,000 to bring his first position loan current.   He is living in the ho...

I am reading a book by a well-known author right now and he has some disparaging remarks for yield measurements for real estate investing. I tend to agree with him given that most real estate activities carry a huge ...

To start off. I bought 2.6 acres about 2 years ago. It is raw land, undeveloped. there use to be a house on the property but since then its been burned down and hauled off. Since I do not have the capital to build any...

Hello everyone, this is an amazing site, I learned a ton here and I hope you can help me with my dilemma today...  My dad will be moving to SE Michigan (Metro Detroit). He wants to buy a duplex so he can live in one u...

I'm sure this is a frequent question, but I cannot find an adequate answer. How do I factor in that manufactured homes depreciate vs the appreciation of a stick built, or is that an inaccurate concept? I am looking at...

Hey everyone,

I've come across an opportunity where the seller owns a large house and also owns a vacant lot adjacent to the house and is trying to sell them as a package deal. This deal is pretty enticing to...

I'm looking at a bank owned property and was curious if it would be better to use the listing agent as my buyer's agent, since I don't already have one.

I don't know if they would try to sell my offer to th...

Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments.  I figure I can get the property for $210,000 plus closing costs...