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...

Pretty motivated seller wants to sell his old home to move to his new home. Here are the numbers:

Asking - 200k (way too high)
Owes - 165k
FMV - 170k thru 185k

He has tennants living in the home now but I don't kno...

I have a rental house and the rent is due on the 5th of the month. I give a 5 day grace period after the 5th. Say that they pay on the 13 of the month. Do you charge your daily rate for them being late or do you let i...

I have a question specific to home equity line of credit. I will have 2 properties paid off this year. Total value is 325k. Taking lines of credit against the homes for down payments is often mention. How do new poten...

I collected a hefty holding deposit from them a month ago to hold the place for them. Last night was our appointment to meet and collect first/last months rent, get the lease signed, and give them keys. Got it all don...

Most conversations I'm having with investors / business owners who have been through other crashes are all excited about the opportunities to come over the next 6-12 months. Maybe even 18 months down the road. Once th...

So we closed on selling our second flip today and both deals were with a hard money lender and a wholesaler, at the end of the day we lost money.  We thought we had made a small profit on the first and had rolled in t...

BP,
Hope everyone is gearing up to have a great, happy, and non-political :) Holiday season!
I wanted to get everyone's thoughts on being a Realtor and what the "status quo" (for a lack of a better word) is regardi...