Wes Holmes
Hard Money Collatoral
I'm just curious whether hard money loans are ever collateralized by anything other than the real estate being purchased. I'm reading an application that sounds as if my personal assets would back the loan. That even ...
Juan Contreras
Is the $25,000 special allowance only for Married individuals?
I would like to make use of the special allowance. However, I would be filing as head of household. Would that mean that I would only receive a $12,500 allowance?
This is what the IRS writes:
Special $25,000 allow...
Devon Shaw
The Type of Insurance You Need as a Landlord
Insurance.I get it.Real estate is filled with lots of exciting stuff, but insurance generally isn’t considered one of them. Insurance ranks right up there with property taxes... just another expense to throw on the pi...
Collin Hays
Government-sponsored extortion, Sevier County style
Recently, Sevier County TN commissioners voted to require a "permit" for all short-term rentals in the county, "to ensure that all short-term rental units in Sevier County meet minimum safety standards." Of course, t...
Deb L.
Are these property management fees standard? Central FL
I'll be renting out a condo soon; the prior tenant was a relative, great tenant for many years. I self-managed, no extra fees, etc.I've recently hired a property manager. Here are their fees to the tenant--$150 admini...
Javaras Thomas
Area to invest in Cleveland Ohio
Hello, what are some areas I should be looking in the Cleveland Ohio market? What are some area I should stay away from, I am looking for a "cash flow" style property. I am ok with a little rough but want to stay away...
Mike Corrill
I'm clueless, and have weird needs.
Hi, everybody.I have no idea how to go about this. I'm thinking of buying some cheap property that meets a few specific requirments. I don't really care about the location or even the value. I guess my question is: Ho...
Haley Powell
New Investor Questions: Condo vs. House
I am 24 years old and have recently graduated with my master’s degree (read: not rich). I have a job secured in Dallas that pays $50k pre-tax, and I’ve been pre-approved for up to $211,000. I’ve been listening to BP p...
Davide Formica
Kitchen Before and After Pics - 36" Cabinets
I'm overall happy with this renovation. It took 12 days for completion, and we have a great tenant moving in.
This time my kitchen guy installed the 36" cabinets flushed with the ceiling with no fillers, so they a...
Jordan Rajchel
Credit Score Requirement
I am working on getting my first rental property rented out. I read Brandon's "The Book on Managing Rental Properties" and am requiring at least a 600 credit score. My question is, do you typically require that every ...