I recently obtained possession of a property that is currently occupied. The owner reached out to me saying that he wants to keep his house. However, he hadn’t paid the taxes since 2011. 1. What can I do? I would like...
I have yet to experience depreciation recapture, since none of the syndications I participate in have exited.My question is this. I have had paper passive losses on all K-1s filed with no passive gains to offset(I’m a...
Need advice. Here's the scenario..... My elderly parents want to stay in their home as long as possible. They are struggling to make ends meet from month to month because they owe $250,000 on their house and have a ...
Hi there,I have maybe stupid question about foreclosure auction of property...I searched all possible documents and info and this SFH with all debt (1 and 2nd mortgage,HOA,attorney and legal fees and interest is aroun...
I am attempting to workout some terms with a seller. They want to sell, but only at the price they want. They have not been able to sell the property in years. The problem is that the property is in too bad of condi...
There's a foreclosure sale happening in my area in two weeks. A few of these properties look distressed from the outside and based on what is owed and the likely BPO, I feel they're excellent candidates for a short s...
Hello Everyone,This question goes out to all investors big and small; to the big investors when you started and the small investors where your business is currently. I am only in the beginning stages of real estate in...
I currently own and rent out a SFH to great tenants in New Orleans worth approximately 270K. I rent a small apartment in New Orleans b/c financially it makes more sense. I owe 118K on first mortgage and 18K on second ...
Getting ready to liquidate a former primary residence in another state and will likely clear around 100k, then looking to reinvest into a much more affordable market (st louis) where I now live. Talking to other inves...
We have a mortgage of $280,000 at 6.5%. I have the cash to pay off the house right now, and still would have about $40k left as an emergency fund.Should I pay off the house, invest 50% and only pay off $140k of it, or...