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All Forum Posts by: Ethel Weaver

Ethel Weaver has started 5 posts and replied 59 times.

Post: My 7 month business success summary

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

I enjoyed reading your post.  Keep up the good work!

Congratulations on your first purchase!  Two sets of twins wow.  They are a blessing. 

Post: New member from Philadelphia

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

Welcome to BP Ed!

Post: Greetings from Atlanta, GA

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

Welcome to BP Marcus! You may want to enjoy the podcasts as well as attend the local REI meetings.

Post: should I offer this service, to investors & realtors?

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

It is a great idea. Have you tried to pitch it at your local REI meeting?

Post: Merry Christmas!

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

Merry Christmas to everyone!

Post: New member from New York City

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

Welcome Aboard Cheri!

Post: Newbie Investor from Pottstown, Pa

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

Welcome aboard Luis.  I am from the Harrisburg area.   You will find a lot of information on the website.  It is very helpful.

Post: Latest flip produced just over $40k

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

Great Job!

Post: Do you have separate bank accounts for each property??

Ethel WeaverPosted
  • Investor
  • Harrisburg, PA
  • Posts 63
  • Votes 6

Peter thanks for responding.

I found a website that will be helpful to everyone.

http://rentlaw.com/statelist.htm

I am in PA.  The law states if the security deposit is held for more than two years, you will have to pay interest.

At the end of the third year the landlord must start giving you the yearly interest that is received from the bank, less a 1 percent fee that the landlord may keep.
The landlord does not have to pay interest to you during the first two years of the lease. A landlord may put up a bond instead of depositing security deposits in an escrow account. This bond guarantees that you will get back your deposit with interest at the end of the tenancy.