So I ventured out on my first buying trip, I found a very interesting MH Park. I found it online and did some background research, set an apt with the Realtor/owner. I was a mix of confidence and nerves. I arrived ea...
I am curious of something. If you sell a property, and do a 1031 exchange with the proceeds, but don't need all the proceeds for the down payment of the next property, are you taxed on the additional profit that isn't...
If a property is foreclosed on, goes to sherriff's sale and is bought by the foreclosing bank, does this wipe out the lien that the bank filed the foreclosure on?
Here's the reason that I'm asking - A property near ...
Hi All!I'm about to close on my first property, a 4plex in Pittsburgh, Pa. Due to better mortgage rates I chose a conventional residential mortgage over commercial. Since the property will be in my name, not my LLC, s...
I own a singe family home that i've rented out for 12 years. Current tenants will be leaving in May. Property has original 1972 light green countertops that are original and in great shape. The kitchen had a partial u...
The dilemma is, I have an opportunity to buy a foreclosure from a small Financial Company. Technically they have to hold an auction but they all but guarantee me no one else will show up (99% of the time they say). So...
Hey everyone, I have a question that I would really love some feedback on because I'm not really sure what to do in this situation. I had a renter move into one of my units about a month ago. She paid her first month...
I have been looking at doing a value play on a multi family (20 - 50 units or so). First thing I would like to know is how much money do I realistically need to bring to the table? I hear that sellers often will take...
Hi,
I have been dealing with a 'squatter' eviction, and I wanted to find out about everyone's opinion:
I already have everything set up with the title company: purchase & sale agreement, pay off letter, end buyer...
I am 21 years old and looking to invest in a fourplex property. Currently my wife and I manage storage units where we also live ( in the apartment above the office) we pay very little for rent and are happy where we a...