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)?
Lois Stern
Seller requested 30 day close, mortgage company may/may not be able to accommodate
9 August 2015 | 13 replies
You can sure lose a lot of weight with worries in this biz, huh?
Steve Rozenberg
Is Allowing Your Residents to Deposit Money Directly into Your Account a Good Idea?
4 September 2015 | 96 replies
If you have a secured 24/7 drop box somewhere that will eliminate the "lost in the mail" excuse.
Gail Greenberg
Can I take out a hard money loan for purchase and use IRA for renovation money?
9 August 2015 | 3 replies
Non-recourse means that there is no recourse that lender has against you or your IRA, property is the only security for the loan.
Ehab Shoukry
Buying a Six House Package Deal -- Need Transition Advice
18 August 2015 | 4 replies
I'm off to a good start with these rentals--I ran background checks on my tenants, collected a full month's security deposit, setup online bill pay and have good tenants who are paying on time.
Scott K.
Insurance Claim Payment vs Billing Tenant for Damages
9 August 2015 | 1 reply
In the agreement, the tenant agrees that the unpaid prorated rent may be used to cover the cost of damages, in addition to the security deposit.Quit And Vacate Early Termination Of Lease.
Austin Andrade
Wholesale Properties
10 August 2015 | 2 replies
I need else's property for 30 days in return for $50 000.00 to secure a $15 million loan already approved.interested in oknvestinginvesting in wholesale proproperties in California?
Ayman Elmasik
Buying first multifamily in Houston and need help
10 August 2015 | 3 replies
Ft built in 1983 and the asking price is 135KMonthly Rents: $ 2,475 Annual Rents $ 29,700 Annual Vacancy 4.0% $ (1,188) Annual Expenses 55.3% $ (16,418) New Taxes 1.25% $ (1,682) Annual Mortgage Payments $ (6,338) this is a unit in a condo, the condo complex has tennis courts, swimming pool, community laundry room, and security gate (i'm workign on the comps with a realtor)Does that look like an attractive deal finacially?