John Stoller
I need to make a decision about my mother's home, help!
Hello all,I would greatly appreciate some help making a decision. My grandmother has a 3 bedroom, 2 bath, 2200 square foot home in the middle of nowhere, California. Town is called Llano for the curious, population 12...
Sherry Lewis
Sorry Newbie, what exactly is wholesaling?
Hi all,
Can someone please explain wholesaling to me? I have very little info on the concept. I have purchased 5 properties in the last 2 weeks and I am thinking I may want to flip 2 or 3 or them to another investo...
Ken S.
Building a Short Sales Team
Hi Everyone,
Long time lurker here with my first post! I started my REI career in '06, doing a few rehabs. The past year I have done mostly lease purchasing and would like to venture into short sales. I am in the pro...
Kate Lavery
Like-Kind exchange combined with Sec 121 exclusion - reporting questions
I converted my primary residence into a rental property three years ago. Last year, I completed a 1031 exchange, where I exchanged that rental property for two new residential rental properties. The overall gain on th...
Jose T.
Bidding on Second Mortgage at Auction in 2 days, big questions
I'm interested in bidding for a home at auction. There are two mortgages on the same property going to auction within 3 weeks of each other. The first mortgage that is going to auction is a secondary mortgage. If I ...
Michael Morrongiello
Going to imminent TRUSTEE SALE (CA)
Situation: Owner Occupied SFH - Home is in FORECLOSURE - NOD filed months ago, NTS -Notice of Trustee sale filed a few months ago as well.; The property is scheduled to go to sale in a few days (thus its within 5 days...
Steve Faucette
Poughkeepsie, NY Advise!
Any Active RE Investors or Agents investing in the Poughkeepsie, NY Area? Im looking to Purchase a Multifamily, Possibly in this area....Ive done some research the unemployment rate is rather average in the 51/2 pc...
Greg P.
Wholesaling a "Grey Area?" Illegal in Minnesota? Realtor..?
Hello, just spoke to a reputable attorney in Minnesota about wholesaling real estate. He basically said that if I did a few deals and someone "told" on me to the commerce most likely I would get a fine. I'm writing ...
Kevin G.
STR Permit Requirement
Hello BP-I purchased a home in Truckee, CA with the Intention to Rent out the property on an STR basis. The town requires an STR permit before renting and they limit the number of STR Registration Certificates to 1,2...
Jacob Camilliere
Closing Costs Question
So i am in the process of buying my first investment property and was quite shocked at how high the closing costs are when i got the official numbers. is there any negotiating with the lenders on any aspects of the cl...