Jennifer Williams
Short Sale & I didn't know it
Recently made an offer on a house that my realtor showed me, it was a listed for $140,000, then dropped to $120,000 (as a normal listing). Made an offer of $90,000 because it is sitting vacant, and not in as desirable...
Marc Beaulieu
Ensuring your LLC holds up in Court
I recently spoke to an insurance salesman who told me that a judge can choose to not recognize your LLC if you do not have a business account in the LLC name that all your business activity flows through( for example ...
Gino Gonzales
"The Big Short" movie and Next big crash!
Is there anyone out there with a solid explanation of what the real estate market future looks like and why? Prices can only go up so much before they drop again....
Julius Dixon
6 recent grad friends w/o credit but high/grwing income doing FHA
Hi,Long time reader and first time poster here. I am a recent college grad who has super thankfully just begun a relatively high paying job. Alongside 5 other capable friends who are from my school and also in my ge...
Tomi Stoya
analysis for my first property
Dear community, For the past 6 months I have been actively looking to buy my first investment property. I looked for a property to yield at least 8% CoC return, but unfortunately I could not find any such property. I...
Cynthia Hanke
made offer on first multi unit..... THEN FOUND OUT A DEAL BREAKER
Made a full price offer on a 4 plex, contingent on inspection. Asked for and was given (a few days later) the owners 2014 & 2015 tax returns. The agent is a dual agent, he listed and contacted me about the listing...
Peter Sik
Fort Collins, CO - 0.2% such low vacancy rate
Wondering what makes Fort Collins, CO has such low vacancy rate? In San Jose, it is the high pay IT job. What is in Fort Collins?
Todd Willhoite
Short sale and income tax consequences to seller
I entered into a short sale contract June 3, 2016. The bank has taken a long time to approve and now they say we need to close in 3 weeks. The seller is now concerned that he may have income tax liability on the amo...
Brandon Johnson
Occupied Rentals - Tenants
Newer to REI. Looking for rented OR tenant occupied duplexes in my area. Has anyone experienced dishonest agents, saying that property is rented when it is not. If they provide a lease, even if it’s month-to-month, i...
J. Pablo Fernández
I've got a mechanic's lien, now what?
Hello,I've bought a property through an intermediary that was running a turn-key property business. The intermediary paid some of the money, some of the property was built, and then they disappear with the rest of the...