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19 February 2025 | 0 replies
Lessons learned about PA landlord tenant law. can only collect one month rent value as security deposit or else judge makes you give it back.
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16 February 2025 | 11 replies
I just facilitate the sale and collect my fee at closing.4.
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15 February 2025 | 11 replies
They have come to me about buying the home but I have a collection account about to fall off my credit in a few months so I am not sure I would qualify (in addition to my income may not be high enough).Are there any workarounds to maybe purchasing the home?
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20 February 2025 | 3 replies
Lessons learned about PA landlord tenant law. can only collect one month rent value as security deposit or else judge makes you give it back.
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19 February 2025 | 2 replies
Despite this, they placed a tenant with a 530 credit score, who paid one month’s rent (FPM collected their 50% commission) and the tenant never paid again.
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22 February 2025 | 13 replies
...and don't forget to collect a W9 right away and a copy of their insurance!
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26 February 2025 | 7 replies
In the meantime, you're paying interest on the $448k.If you did your 3rd option, the seller is essentially becoming a Limited Partner in the deal, which I wouldn't advise unless the seller is very sophisticated.
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23 February 2025 | 39 replies
Probably more like 99.5%.I acknowledge that the commercial real estate scene is a group of business people who are much more polished, sophisticated, and high net worth (compared to residential).
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26 February 2025 | 0 replies
I truly value the collective wisdom of this community!
26 February 2025 | 3 replies
I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).