Hello everyone,I have a question about how combined funds must be managed in order to purchase a property with a partner.A friend and I would like to combine our funds to purchase an investment property.  We will sign...

Hey everyone! I'm a first time home buyer and I am looking at a 2 unit house that I would like to house hack. However it is a foreclosure and needs rehabbed so I'm attempting to take the FHA 203 K route. However I don...

Is now a good time to invest in rental properties?

Hello,

I was wondering what your opinions might be about this applicant. He is from out of state and showed up with his pregnant wife and 2 small kids. Seen like good people. He's starting a new job this week in town...

l quick here.

I just finished about a month of testing this with my students and I thought some of you might appreciate this too. One of the "Profit Paradoxes" as I like to call them in terms of finding good, solid,...

Our first probate deal.Background:We found a very motivated seller who inherited this home and saw it as a burden. We offered cash at a huge discount and they accepted. However, we had no idea their probate claim woul...

Property has a $70K 1st and worth around $125K and will rent for $1200 or so. PITI $850. Little skinny but if I can get with little to no cash in the deal except for some repairs it may work. Owner passed and the s...

do you have capital gain tax liability if the purchase price of the new investment property is less than the net proceeds of the one you are selling in a 1031 exchange? (Net proceed, includes Escrow fees, Title, 6% sa...

Do you have to tell a potential tenant that they are being denied after they filled out an application?  Or can you just not contact them?  Just of the mind that the less contact the better in this litigious society. ...

One part of the contracting process that I am not terribly sure I completely understand is the use of contingencies.  Of course, I never want something like this to happen but lets say I land myself in an unfortunate ...