I have a family moving into one of my rentals today. We signed the lease last week and were waiting to conduct the formal walkthrough till today. I allowed them to move a few things in prior to their official move i...
Hello out there BP!
I am new to investing in the Richmond area, closing on my first SFH this week on the South Side. I will be employing the BRRRR strategy, and am reaching out for recommendations on small local ban...
I've heard about people trying to stop foreclosure using the produce the note argument. Has anyone used this when trying to negotiate a short sale, if so how did you incorporate it into your strategy?
Here is my situation. I purchased an investment lot in 1998 for $145,000. I sold it in 2007 for $450,000 and did a 1031 exchange with the proceeds and bought another lot for $475,000 The market naturally has dropped...
Hey guys,
I'm new here, and I have a question about the way LLCs should be set up and how they are taxed.
I am thinking of investing in a duplex, and renting out both units. When forming the LLC, I am wondering ...
I am considering co-signing for a loan. The borrower may qualify for a government backed zero down first time buyer program. We will both own the house 50/50. (This is in a area where a good deal is a 400k 3/2 house. ...
Recently Jon K. posted on another thread his observation: "I've said this before. An ambitious IRS agent can go find money by reading forums like this one."
For those of you who don't know about or remember the Cha...
Hello!I'm still in the phase of saving money and getting my REI education. My goal is to make my first deal on a house hack within a year! While I'm learning, I'd love to start analyzing deals so that I'm ready to pul...
bank-owed (REO) and HUD-owned properties are sold much cheaper than other properties. What do you think mainly causes this difference?
Because they are not well informed about the market? I mean, In theory their age...
I've been working for a real estate investor for a couple of years now (doing light construction and rehab work) and I'm slowly turning into more of a mentor/mentee situation - as I'd like to get more into the investi...