Paige Kelsey
New Tax Law "Opportunity Zones" vs 1031 Exchange
Hi Everyone,I see that there are Opportunity Zones and tax incentives for investors as part of the Tax Law that was passed in December. Basically each state had to designate 25% as an opportunity zone in a state to at...
Ash Badry
Don't Trash My House! - Advice for Buying Occupied Foreclosure in Edmonton, Canada
My biz partner and I found a great foreclosure here in Edmonton, AB, Canada that we want to hold as a rental. The property is being sold “as is, where is” and in our offer we must remove a clause that says “When the B...
Brandon Ribeiro
Potential flip opportunity hoarder situation
So I came across a flip opportunity from my mailers. The owner is a 90 year old lady who lives in this 6 bedroom home and is a hoarder… she wants to sell, and move- however wants to bring her things with her. I’d love...
Account Closed
Using MLS to find Seller Finance Deals
What are some creative ways to search the MLS for potential seller finance deals? Any filters you recommend? Criteria you look for? Etc.I have access to the MLS and really want to take advantage of it to find deals an...
Rahni Walden
Best way to maximize profit when selling?
Hello all, I have a single family property that I've been renting out for some time and I am thinking it is about time to sell so I can roll this into maybe a smaller multi-family property or multiple single family pr...
Dadrion Tuircuit
1031 Exchange WHOLESALING
Are there any pros out there that can help me out/ has experience with this situation. I have an opportunity to get a nice property under contract to be assigned to my buyer. However the seller has told me that the pr...
Jeremy Coyle
No distressed properties have sold in my area
I just finished reading J Scott's Book on Flipping Houses. I am now going through the 6 key factors to determine if a certain farm area is good for flipping. One of them is looking at the sales price of distressed p...
Brock W.
Anyone familiar with a "10 day Upset" clause? I'm alarmed.
I'm looking at a condo purchase where the legal owner is in some way incapacitated and her attorney is conducting the sale. The asking price is under market and has the "right things wrong with it" such that if I buy...
Alida D.
is there equity in a foreclosure
Can a house go into foreclosure if it has a lot of equity ie. $60,000 ? I would think the bank would work something out with the homeowner if they had that much equity.
I am just trying to determine if I should look...
David Driscoll
Why Short Sales?
Somebody please tell me why a Rrealtor would show a short sale property? Other than commission, why would a Realtor take a short sale listing? I've been in real estate for over 15 years. There is no advantage to the...