Jonathan Felts
How to determine 1031 Construction Value?
If I sell my property for $600k and owe $300k on a loan, I walk away with $300k minus agent commission ($30K). If I want to roll that into a fixer 1031 construction loan project, I understand that the property purchas...
Robert Martin
HOA Forced foreclosure
I have a property being sold at the courthouse steps tomorrow morning, foreclosure has been on hold by the first mortgage holder PHH Mortgage, but the HOA managed to get it to sale. I have a couple of questions, the ...
Alexander Chavez
Wholesaling MLS listed properties
Hello,I am new to REI and have a few questions dealing with wholesaling. I would like to hear anyone's experiences in wholesaling properties that are listed on the MLS. How has it gone with this? Do you deal with th...
Josh L.
Expired craigslist ads
I'd been keeping an eye on Craigslist listings for comps, and I would save and copy and paste that info on my computer.
But, my computer crashed so I lost all that info. I can't even really remember that info...
Matt Taschner
Seller behind on payments, looking for deal structure help
I have a seller that is currently behind on payments to the tune of $11,000. The mortgage owed is $170k, the property needs 30k in repairs and the ARV is $270k. I have the funds to get them caught up on late payment...
David Siegel
Need help understanding my rights as a landlord in California
I have a tenant and they have been great for 2 years. Their lease is up on February 29. We decided it would be best to sell the property about 2 weeks ago and notified the tenant we do not plan on extending the lease....
Luis Castillo
Tax consecuence of long term lease/options.
Can someone give me a general answer to the following situation.
Let's say I buy a duplex for $100k and I give you an option to buy it for 20 years.
As option money you give me $20k. I purchase it with a 15 year ful...
Edward Briley
Property Worth?
How much would you pay for a property that was in like new condition, 3 BR 1 Bath brick home, hardwood floors throughout, with exception of kitchen and bath which has new ceramic tile. The home has brand new replacem...
Adam Leech
Pigtown, how would you go about it?
Hey guys,I'm fairly new to REI (one property rented to family, looking for another) and I want to get the hang of the analysis. I come from the financial field (used to trade stocks) so enjoy number crunching.I went b...
Kumar R.
Should Property Managers offer referral bonuses?
I am a property manager in Destin, FL. Real estate sales have kind become slow this year. This has a direct impact on how much I can grow my business. I had been debating offering a referral bonus to realtors for a wh...