You guys gave me some excellent advice on a problem tenant that I acted on and am way better off for it. I wanted to get your advice on what my direction should be going now.
My situation is this.
My husband and I b...
Hello folks! Thanks in advance for any help. My first few weeks as an investor have been exciting to say the least!I took a contract assignment and closed on this SFR Jan 16. The prior lease had expired back in Nov. H...
I just started managing one of my rental units after a several year hiatus (it was managed via a property manager during the interim).
I'm screening applicants for a vacancy, and I noticed something odd. I pulled wh...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
How would I analyze a deal looking at using subject to and a note for the seller, vs just wholesaling the house.
my thoughts so far...
wholesale = $5k (assignment )
Selling L/O = down payment + cash flow spread 1 or...
Hi BP,
I'm in negotiations with a seller on an off-market deal to purchase 2 MFH buildings on the same street. There aren't any other buyers competing with me (at least yet). Here is the situation:
Property A:4-unit...
1.) I am wondering if real estate investors generally purchase their primary residence with similar rules as their investment property. I am about to purchase my first home and feel guilty for not being too sure o...
I want to buy a property using seller financing. I need to draw up all of the paperwork & make the offer to the seller @ a price of 40k w. 5k down & terms of X per month for 84 mo's. My problem is that my la...
Hi Everyone..I was hoping that someone might be able to help me get some further clarification regarding private money lending using my self directed IRA. If I am understanding it correct, I need to set up an account ...
I just won an eviction suit to get a non paying tenant out of my SFH. She's been there for about a year paying rent. She is not neccessarly a bad person. She hit a rough spot where her clients where not paying her. Do...