Paul Zofsak
Foreclosing on a seller financed property
My Father sold his home in WV and setup seller financing for the buyer. He is now in Texas and the buyer has not made a payment since January and is not responding to attempts to contact. I am not aware of the speci...
Daniel Winsor
Purchase Offer Questions - Key West, FL
Currently have a deal in the works. It's more than double my last purchase, and that one I got somewhat led by the nose throughout, and it brings some concerns with it. The main concern is his relationship with curren...
Ryan Miller
New member from Massachusetts
Hello everyone - I recently got interested in real estate investing, and eventually found my way to this site, so I figured I should start at the beginning and say hello! I'm from Massachusetts, and I'm specifically i...
Son N.
Second home vs investment property and 1031 exchange
Hello,I bought a condo (paid cash) near the bottom in 2010 and its current market value is quite good. My parents have been staying there rent-free but they have a new place and so we want to consider doing a 1031 exc...
Lance Yang
Property tax for rental property in Hoboken NJ
Hi All, I live in Hoboken NJ and own my primary residence. Currently I am paying 6k per year property tax for my home. I plan to invest in a rental property that is similar to my residence. After reading some articles...
Eliot M.
Mobile Home Valuation help
Found a MHP in my area that I'm interested in. This would be my first so I really need help on analysis and due diligence. Here are their financials for last 3 years, with specifics taken out to protect the innocent...
Chastity Cortijo
Small lake House - Big Issues, I want it anyway?
Small house on the lake.
50k.
Inside needs paint and cleaning.
Why is it so cheap?
Septic needs replacing.
Foundation has several vertical cracks.
Been vacant for a lot of years.
Because - and only because - the...
Burt Mcfadden
Agent won't tell me if lease exists.
Found a house we like, contacted a real estate agent to act as buyer's agent for me. Agreed to a price, signed a contract.Part of the home has renters. Supposedly it's a month-to-month rental agreement, and the rente...
Quinn Kiet
Loan Modification Companies - any opinions?
I'm exploring this path as a source of revenue and was wondering what your collective opinions are, as to the pros and cons of it, from a business stand point.
Obviously, this will be a legit loan modification servic...
Dan Meier
Lawsuit Risks for Wholesalers
This question is based on the assumption that the great majority of real estate wholesalers (and other investors) are honest and well meaning, and therefore set up their deals to create win-win-win situations for sell...