Was just notified by Cozy that rent payment from last month will be REVERSED because tenant (who moved out end of last month) contacted his bank after breaking lease and moving out stating "payment unauthorized". I'...
How many Wholesalers doing Double Closings are paying the Real Estate Transfer Taxes?These can be quite expensive in some places. For instance The State of Pennsylvania charges 1% of the sales price and the munici...
Here's the background: I have an investment property under contract here in the DFW area, and we are actively looking for a primary residence as well. Both together might possibly put me over DTI restrictions. (I've...
High my uncle is a real estate investor and he is looking to retire he wants to sale some of his properties and willing to sale them to me at a discounted price some are commercial and some residential the commercial ...
I would like to get into mobile home investing. With a lower price point of entry as compared to fixing and flipping brick and mortar homes it seems like it would be something that would be ideal for using a SDIRA. I...
Dear All,I am new to REI, and have been researching optimal investment strategy for me and my family. If we invest in cash flow property, after taking the depreciation tax benefit, the positive rental income will stil...
We are so excited by a potential opportunity we were just presented with but we are also new to this area need your advice and thoughts on things to watch out for!We have a great relationship with the builder of our o...
So I have come across a "deal" in which seller financing is an option. However, I am not sure about the numbers, and would like to post it to the BP community for some guidance. The seller is straight forward, and w...
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...
Hi! I'm in Chicago and in the process of closing my first property where I'm inheriting tenants that haven't paid in a while. The situation: 7-unit building where the top two units are family and are both not paying r...