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I hear stories that people have bought houses for 10 cents on the dollar at sheriff's sale/auction. How is that possible? Why would a 50% equity homeowner default when he/she could put their property on the MLS at 7...
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I recently went through the full process of acquiring a property through Roofstock (www.roofstock.com). I haven't seen many reviews out there on them, so I wanted to provide one myself. My deal fell through at the las...
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Posting for my elderly parents.
Background: my parents bought their house in 2001 for $355K. In 2016 they moved to a one story home due to aging and ended up renting their initial home. Every year the rental has be...
Hi all! Looking for some help from experienced landlords. We had tenants move out at the end of June and we were stuck with a huge damage bill. The total amount of damage is close to $18k, which far exceeds their se...
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Hello everyone. I am a beginning real estate investor from NJ and am currently mailing to probates and out of state owners. The area I live in was pretty heavily hit by Hurricane Sandy. I'm about 5 miles from Seasi...
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Hi folks, we are into our second potential deal that might blow up.My question is should we walk away from this deal? We have had the sewer scoped twice and found an offset both times, and we are asking the seller to ...
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About a year ago I purchased a seven unit property in a good neighborhood, however the property was in horrible condition. I have since evicted the trouble makers and completely renovated the units along the way. My r...
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Hey all - I'm looking at multi-families in Chicago for my first deal and went to view this 4 unit on Saturday: https://www.redfin.com/IL/Chicago/3500-W-Cullom-Av...All units are 2 bedrooms and current gross rent is $4...