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I was wondering what everones experience with Fannie Mae is. I put a bid on a property and they want 10% of the bid price as a deposit and they want to fine me $100 a day that I don't close on the closing date (30 day...
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I am looking for recommendations for a good accountant/tax advisory who's knowledgeable in real estate. I need to analyze my financial situation to see when is better to pay capital gain taxes on our rental property w...
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I have a homeowner looking to sell a property she has listed on the mls. She is willing to take my offer but wants to get out of her contract with the listing agent. She found me through my Internet marketing. D...
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Hello,So I am trying to sell my Condonunium within the end of this month. The HOA advised all owners that a earthquake retrofit is required for a owners in the complex. We were told that even if we were to sell the pr...
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My strategy in the main is a mixture of buy and holds, developing, chasing rising markets.I also believe its important to review my portfolio and get rid of my lemons, by this I mean the properties that are not perfor...
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BP ComradesJust bought a duplex at auction for 100,000. Both tenants have been living there 2 years. We got them to sign new leases. Gross rent 1850/mTaxes 400/mInsurance 125/mUtilities 100/mMortgage 550/mMisc. ...
We bought our house for $50k, have an offer in to sell it for $150k. It’s fully paid off and renovated. Have rented it for $1200/mo but could do $1450/mo. It’s unfortunately the nicest house in the neighborhood. Shoul...
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I am interested in finding out if there are any companies that will service your owner financing notes and also package together the notes in order to make a deal happen. Example: If I have owner financed 3 separate p...
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So I am a realtor and have a property on 1 acre just outside of a small town on a country road. Anyway, I've had this property for sale for a long time 9-10 months. The price has been dropping because they've tried ...
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Hello All,
I am looking to buy a rental property with my parent (full cash no loan) and we are trying to figure out how we should set up the agreement in order to get the least amount of taxes paid and most amount of...