All Forum Posts by: Mike Rubino

As the title says, my tenants went 3 months without paying their rent. They have since been evicted, but it has been close to 8 months since the eviction with no money in sight.

What are my options? What would you do in this situation? Is there a way to get my money without having to deal with courts and lawyers? Possibly a lien?

What should I do?

John,

Thank you for all of your input! You have already helped me to more clearly define my future goals.

I was under the impression that if I have a RE lisence, it would potentially save me money when purchasing a home or rental property. My main interest is purchasing homes or apartments so that I can rent them out, I dont necessarily have in interest in helping buyers or sellers for commissions.

What kind of potential risks or liabilities do licensed investors have versus an unlicensed investor?

Thanks for the replies everyone. Yes, I go to school in San Fran. but my home and family are located in LA.

I will be graduating in the Spring from the California Maritime Academy with a Bachelor of Science in Marine Transportation.

Thank you all for the warm welcome!

Mike

I just came across this forum today and have been impressed by the amount of useful info I have discovered so far.

I am 24 years old and have been interested in Real Estate for quite some time. This looks like a great place to aquire info for my future real estate endeavours.

I plan on buying a home within the next year or so. Right now I am finshing up my last year of college, then it is time to go to work. The type of info I am looking for right now includes what to expect on my first real estate purchase, how much money I should have saved, the type of mortgage that will be right for me, and last but not least, how to make money and invest in my future through my proprties. Right now I am not sure if I want to buy a 3-4 unit complex and rent units out, or go with a small house or condo.

This will hopefully be a starting point, as well as getting my RE license ASAP.

Look forwad to becoming a productive, and contributional member of these forums.

Cheers!

Mike