Scott S.
Refinancing a tailer park after borrowing hard money
11 August 2015 | 4 replies
@Scott S.Try Pierce Redmond at Security Mortgage Group (585-423-0230).
Paul Zofsak
Looking to flip to support my buy and hold addiction
2 September 2015 | 11 replies
Wholesaling in a nutshell is selling a secured sales contract on a property.
Mike Chubb
Want to buy a second home
8 August 2015 | 5 replies
Doesn't sound like he is really in a position to buy her a home, more in a position to help her secure the loan.Good luck
Terry Hoefer
Garages-add much value?
10 August 2015 | 8 replies
Snow is not the only reason but security.
Seth C.
Dead simple legal structures to use IRA in RE?
11 August 2015 | 10 replies
@Seth C.I like to invest my IRA in promissory notes which generally pay between 8 to 12 percent and are secured with real estate-always first position.
Kris Fox
Hard Money Lender Needs Due Diligence Help for Commercial Note
11 August 2015 | 6 replies
You can adjust the purchase price accordingly . . .).4) New Tenant Credit History - This may be obvious but; You need to verify credit history on the new Tenant; Make sure you have an adequate security deposit,; Attempt to get a personal guarantee if the Tenant is a corporation or partnership, and; Verify their previous "leasing history" with their current and previous commercial landlords. if your new Tenant is a startup, be cautious, make sure they have the financial capacity and experience to conduct their new enterprise and pay your rent and the NNN expenses.5) CAP Rate -Each market and individual property categories will have their own unique market Cap rates.
Mike Oconnell
Double deposit vs pre-paid rent if rental qualifications are not met
9 August 2015 | 10 replies
If a rental applicant falls a little short of our qualification standard of 3x income or favorable credit, we sometimes offer an option for the tenant to pay a double security deposit or pay 2 or 3 month's rent in advance.I would love to hear if other landlords or property managers offer this option, and if so, do you think it is more beneficial for the landlord to accept a double deposit, or rent paid in advance?
Mat O'Grady
Does withholding rent work when the tenant doesn't set up an escrow?
27 August 2015 | 12 replies
NEVER allow a tenant to move in without paying at the security deposit AND the first month's rent.
Joe Fairless
Jakobson Property Mgmt Company Didn't Refund Security Deposit But Won't Give Details - What Can I Do?
9 August 2015 | 7 replies
I rented so I could buy real estate in other markets...but that's a story for another post) After I moved out I got a portion of my security deposit back but was told that, after reviewing my account, I didn't pay rent during some month "years ago" however they have not told me which month/year.
Charles Moore
1031 Exchange a Rental Sale Profit into 4-5 long distance turnkey properties
10 August 2015 | 34 replies
Just joined up after being a long-time reader because I finally need to ask: when doing a 1031 exchange, is it realistic to identify and secure 4-5 properties in the 45-day identification period (and abiding by all the other 1031 rules)?