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Happy Wednesday! I’m a new investor in Atlanta. I purchased a home about a year ago. Within 3 days of me closing on the home the house was demolished by the city due to a known (but not disclosed) title issue. I went ...
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I live in California and minimizing liability is the name of the game here because the state is so favorable to tenants, even when you go out of your way to do the right thing. So, I want to put a clause in my lease ...
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Please tell me I am wrong... But does $3,750 seem outrageous for closing costs when purchasing a house that is only $63k?
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CPAs of BP,If I cash-out refinance one of my apartment buildings in, say, year 2......does that change my basis if I attempt to 1031 Exchange down the road, say, in year 4?If not, am I expected to come up with that eq...
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I received a call this morning from a lady in another city. She heard from a friend of a friend that I buy real estate. She somehow Got my number and she told me her story.Her and her husband are divorcing and they...
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Hi All. I've only posted a few times as I've been trying to "simulate" deals as I find them - but haven't jumped on anything yet.I originally considered condos but they are out of the question now due to HOA irregular...
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Hey everyone! I'm a first time home buyer and I am looking at a 2 unit house that I would like to house hack. However it is a foreclosure and needs rehabbed so I'm attempting to take the FHA 203 K route. However I don...
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I've recently gotten into a deal that has not gone well at all. I was referred to a company called Chicago Action Investors who, in my behalf, took out a few high interest loans, and sold me a property with a promise...
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Hi everyone,I just purchased a duplex in Grand Rapids, MI. The norm in the area for multifamily units is for tenants to pay all utilities except water. Because of this most duplexes have one water meter and the owner ...
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I need advice on my situation. I, the owner, did a seller finance 5-year contract on a house in Texas. That contract expired last year. Buyer is still paying same monthly payment. I'm in the military and was in the m...