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A partner that I worked with in the past purchased a house with cash. Now he shared with me that the title isn't clean. Is this typical? Would it be wise to do a title search before paying cash for a property? If you ...
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I've been seeing a lot of folks around BP that seem to be here with the express purpose of quitting their jobs to invest in real estate. The problem that I see, however, is that many of them seem to think that they ca...
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Hi Everyone,I got a 1BD/1BA condo in Downers Grove, Illinois under contract for 15K on 11/4/2015. I put inspection deadline on the 18th and closing date of 25th. (Yippee! My first deal) A few days after the contract w...
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I am working through an analysis on a SFR and I am researching realtor.com and Craigslist to make an informed decision on what I can expect to get in rent. As I am getting closer to acquiring my first property and pl...
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Long story short, I'm new to the REI world and have been steadily approaching my first deal. I've been analyzing multifamily commercial listings seeing apartments from as little as 8 units to as much as 200 units thro...
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I just came across this terrible story of an agent who was killed as he was allegedly going to evict a tenant a few months ago. https://www.sltrib.com/news/2019/01/20/three-arrested-death-utah/While there is no total ...
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My wife and I used cash to buy our first property. We have completed the rehab and have the property leased for 3 years at 1,100/month. House is worth $100,000 and we have $49,000 invested. I have called 7 to 8 banks ...
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Hi all! I'm a handy guy at all. Instead of having my handy man come over for every little thing I want to learn to do things on my own. Does anyone know of a Blog, youtube channel etc. that is good for learning to ...
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First of all the basic law :
Quote:
Adverse possession is a principle of real estate law whereby somebody who possesses the land of another for an extended period of time may be able to claim legal title to that land...
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I am In the LA area and I bought a 4 unit in 2015 in the inland empire in Southern California and currently it has about 300 K of equity in it. The 4 units are all currently rented out and profit is about $300 per m...