I bid on what turned out to be a a 2nd mortgage in Ohio. The house is worth around $300k. I paid 258K at auction. Looking through the court records I can see that the 2nd mortgage was awarded ~100k. There are around ~...

I own two rentals, one in Grand Rapids, MI and one in Raleigh, NC, but live in NY.  The GR home is a 1920's home valued at approx. $130k,  I owe $100K.  Lease is $1,100 a month.   I make about $100 a month.  Lease exp...

We pay a PM to manage a SFH, and this past week we received a $1k bill from a plumber for fixing the washing machine drain pan. I'm a little frustrated because from the plumbing bill I don't understand what exactly wa...

I'm fairly well-versed in the areas of asset protection, having been a client of many attorneys and accountants over the years and have my own way of doing business using various entities, but still need assistance an...

Federal Reserve reduced its economic outlook for 2009.

The central bank said it expects some business conditions to improve in coming months, but it also lowered its assessment of the economy for the full year and sa...

Hi all,

I’m interested in purchasing my first property by way of house hacking a multifamily property. I’m pre-qualified for a mortgage. My question is should I pay down debt (student loan, car) before investing or j...

Hello, so I always read these amazing stories about how successful people have been with their Real Estate Investing. However, today I want to hear different stories about a time you guys were NOT successful. The reas...

I'm located in Dallas, I've been looking at several different options..mutual funds, multi-family, apartments, or franchising. I have access to the VA Home Loan, but there's a lack of multi-family properties in my pri...

Hey all,

A few questions re: note brokering in multiple states...

1. My ideal situation would be to build a long term note business (buying, selling & brokering) based in my home state of Ohio...how...

What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples:  Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...