Lenzy Ruffin
Is a short sale possible if the owner was deported?
Driving for dollars, I found a vacant property with foreclosure paperwork posted on it. After doing some research, I tracked down one of the "owners." I put "owners" in quotes because it's two brothers: Both of them a...
Katerina M.
Bushwick/Ridgewood or anywhere NYC condo <$500k
Hi all,I'm new here - I'm sorry I double posted this in Q & A - now I realize this forum is more suitable for this topic. I wanted to put out my feelers and ask your experiences and opinions on the current Bushwic...
Mike Griffin
Tax Benefits of Seller Financing
Hello! I am in discussions with a seller and I’m pitching seller financing. The seller wants $1.8M and they own outright, for decades. It’s in southern Maine. What tax benefits can I spell out for them? They’ll lose a...
Wylie Freeman
Best way to get around short term capital gains
I have a client that sold his land and would like to use his 1031 exchange to buy his mothers land. She bought it less than a year ago in September. Is there a way we can work around her paying capital gains?
Account Closed
Understanding Real Estate Depreciation Deductions to Maximize Real Estate Investments
How Real Estate Depreciation Deductions Can Supercharge Your Investments
Real estate, with its potential for passive income and property appreciation, is a favored choice for investors looking to build long-term weal...
Kyle R.
Self Screening Tenant
I almost feel bad asking this as variations of this question has been asked many times. I'm looking for a website to help screen tenants (credit, eviction, and criminal reports). However, I'd prefer to use a site wher...
Matt Carr
2nd Investment Property Purchase
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $810,000
Cash invested: $65,000
4 Family home with 1 bedroom units
What made you interested in inve...
Tamara R.
Charging different rent for month to month
My standard lease goes for 1 year, then converts to month to month. I am thinking about adding something in my lease that if another 12 month lease is not signed after the expiration of the first 12 month period, t...
Ryan Horan
20% versus 25% down payment
Our first property is under contract and i assumed i would put down 20%, but I was offered another option, the numbers break down as such:
20% down apr 4.875%, pay $370 in points, p+i $312
25% down apr 4.375% no poi...
Ulysses Pagan
Should I become an Agent to be a successful investor in Illinois?
I am just starting off in my real estate education and i would like to know whether or not it is a good idea to become a real estate agent in order to become successful in Illinois near the Chicago Suburbs. I am plann...