
17 October 2011 | 2 replies
Yes, and I double checked with Satchie Carvounis (SDIRA consultant at Security Trust) that is correct as soon as the property has been 100% distributed to the IRA owner they can treat it as their own and don't have to worry about IRS guidelines.
14 October 2011 | 2 replies
Check out this report on residential mortgage backed securities (RMBS) that came out on Oct 5.

21 June 2012 | 51 replies
I asked if she could move out in Nov and I will return her prorated security deposit and did not like this option as she will be Asia.

18 October 2011 | 26 replies
60% real estate/20% Loomis Sayles Bond Fund/10% Vanguard Inflation Protected Securities/Cash.

5 December 2011 | 4 replies
He said that he intended to finish the work, but has been busy with "life" Is one year from collecting social security and has thought about selling it for awhile.

28 August 2020 | 20 replies
There are many software applications for property management, but if you don't have lots of units, QB works just fine

19 October 2011 | 8 replies
(this is usually NOT the best course of action)All the attorney will do is hire a collection company that has more bark than bite and rarely collects any money.The other option is to use a judgement recovery company.They usually pay the court costs and filing fees and then split 50/50 of whatever they recover.Sometimes they will buy the judgement outright for real cheap.In this case you get your cash right away and move on.Judgements depending on the smarts of the tenant can take 3 months to years to collect.Some tenants are judgement proof.This can happen when:1.The funds are retirement funds in a bank or social security where money can't be taken.2.The tenant works a job where their income is at a level where they cannot be garnished by Federal Law.Even when you can garnish you can only take 25% each time.If their are other judgements already garnishing then the 25% gets split up among the garnishments.85% of judgements never collect a dime because of the work involved.Even if the judgement company you employ chases the tenants for money the tenant may pay or they might just file BK if they have other debts.A chapter 7 costs thousands so it would depend on their other total debts and how much your judgement is for.This is why it is important to carefully screen tenants.They need to have good credit,a good job with long work history,etc. or something where you know you can collect if they default.If you have multiple tenants staying in one place and they all make minimum wage it will be hard to collect on them later versus one person showing great income.Hope it helps.

20 October 2011 | 13 replies
If your home is fairly secure, I doubt they're scoping it out.

20 October 2011 | 4 replies
. $ $ $ off security deposit if you do minor clean up-repairs !

21 October 2011 | 3 replies
They'll need the loan secured by the home, right?