mikesun27 asked:


I am going to buy a rental property for investment (a Condo, in the range of $150,000 to $250,000). I am not familiar with San Jose area. Could any one tell me what are the best neighborhoods and/or which neighborhoods should I avoid in San Jose?

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what’s the point asked:


Looking to buy my first home in the next year or so in San Diego.
I read online that condos are a dime a dozen but in San Diego less than 10% of residents can afford to buy a single family home.
Is a condo a safer investment here?

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Ken asked:


I’m planning to buy an investment property when I’m 18 (16 currently) and rent it out. I’ve brought up the topic at school and some friends have expressed some interest. When the time comes should I buy the property with a friend? the worry I have at this is when the property appreciates in value, we might have different idea on what to do with it.

What are your thoughts? would you do it?

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Bobento asked:


I am buying a house for $150K for investment purposes with two other individuals, “Man A” and “Man B”. The current value is $400K. We will split the profits from the sale 1/3 each.

“Man A” is single, owns a home, has excellent credit, wants to sell within 6 months and is contributing 1/2 of the purchase price.
Man B is single, does not own a home and has a huge outstanding debt and horrible credit. (He is our connection to the house). He has no preference to sell right away or keep the property for several years. He is contributing nothing toward the purchase price and agrees that his name should not be on the title.
I am married and own a home, have excellent credit and am interested in keeping the property as an investment for several years. I will contribute the other 1/2 of the purchase price in cash.
Should I take title with Man A as individual tenants in common? Or is it better form a partnership? Any ideas on how to pay off Man A early so I can keep the house?

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Willar asked:


We are considering buying land in Alaska for investment or building in summer house in the future. What factors should we consider in buying this property?

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hjtys asked:


I own my primary in CA free and clear and have another investment in Arizona that is also underwater. I can afford AZ but cannot afford the Texas property but am tied to a lease from the renter for an another 9 months. I need out on Texas. I tried to sell it for the last year with no luck. Is my primary safe and what is the best way to get out without much financial penalties?

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bigmacfann asked:


I need some good advice on whether I should start my California-based real estate investment company as a sole proprietorship, a partnership of some sort, or some kind of a corporation. The general purpose of this company is to purchase and rent out residential and commercial real estate. Any help would be greatly appreciated.

THEO

music zone asked:


I have a house for sale at an excellent price, no realtors involved, and want real estate investors to take note. How can I persuade the person in charge of our local real estate club to distribute my e-mail regarding my property? They get solicited all the time, I’m sure. I already e-mailed my property offer and photos to the generic property investment club e-mail address, is this enough? Will they distribute it to all of their members?

ZACHARIAH

James H asked:


I’m 19yrs old second year in college, I have a income of $48,000 a year and I want to purchase a 3 family home for investment property. I have approximately $5,000 dollars with a credit card debt and $10,000 in savings and I’m living in the state of New Jersey. If not a 3 family, what is the best real estate investment for me at this time?

TROY

socks asked:


We own 2 investment properties that we are unable to sell and can no longer make the payments on. If we foreclose on them, what are the consequences? Can the bank come after us for the difference once it sells them? Can they come after our house? Will we need to hire an attorney for anything or simply walk away and let the foreclosure goes its course. We do realize this will remain on our credit for 7 years but do not wish to file for bankruptcy. Thank you for your informed answers!

LUCIO