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All Forum Posts by: Precious Thompson

Precious Thompson has started 206 posts and replied 310 times.

Post: Renting to Family/Friends

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Should an investor rent to family or friends,Why or why not?

Post: Real Estate Math

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

How do a new investor learn real estate math when analyzing deals?

Post: 17 and want to be pointed in the right direction

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Hello Nicole, i agree with Patrick , minimizing your debt can play a key role in qualifying for  a loan from a bank or having extra money to save for your first property. I am a new investor as well looking to purchase my first property soon and my advice to you would be for you to educate yourself and make smart financial decision with your money , keep the future in mind and figure out your niche,meaning the direction you would like to go in real estate.   

Good Luck.

Post: Month-to-Month Tenants, what would you do?

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

What if the rent is raised while the existing tenants are still leasing can you legally raise the rent and expect them to pay or kick them out if they decided not to? 

Post: Internship

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Thank you, much appreciated it. @JohnSullivan 

Post: Advice for new investors

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Any advice for a college students looking to get into real estate,(buying and holding)  beside find a mentor or get educated?

Post: What included with a rental

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Do most landlords provide residents with refrigerators in there units or its more of a tenant responsible to purchase one?

Post: Internship

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Considering being an unpaid intern for a real estate brokerage company, i have been debating on getting my license and becoming an agent still indecisive but my main goal is to be an investor.Do you guys think this would be helpful? and i do not know any investors who i can get mentored by

Post: Creating a Lease

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Any good links for creating a great lease or samples?

Post: Moving Out

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

If a tenant doesn't leave on there move out date, can a landlord legally put there remaining things out?