Joe Smith
cash out restrictions on refinance
Since I as of yet do not have any commercial property, this is nothing more than morbid curiosity...
...I've heard that cashout on refi's in the commercial world cannot exceed 20% of loan amount regardless of LTV. I...
Dan Liptak
Rental Property Recovered but Trashed
Lets start this with saying I had a nightmare tenant Constantly late and finally in January 2020 she was was an entire month behind. Lost job... etc. I served noticed to get the ball rolling but was willing to work...
Bruce L.
Taxes on Paid Off Rental Property
Hi Guys,
I have one more payment in December of this year and one of my rental properties will be paid off.
What things do I need to plan on in the future now that the property is paid off?
How will this affect m...
Rick Howell
Is a Property Manager Right for You? 5 Benefits
Real estate investors are faced with a seemingly unending list of decisions to be made. Which property will make the most profit? Which neighborhoods are up and coming? How extensive should the repairs be? Who can mak...
Account Closed
Please answer the following Georgia + National Salesperson Exam Q
2017 GEORGIA + NATIONAL REAL ESTATE SALESPERSON EXAM QUESTIONSQ1. what is the interest used in a mortgage loan? Simple or Compound Interest?Q2. Can a seller transfer ownership/title of a property using metes and bound...
David T.
Long-term lease rent reduction
A tenant of mine expressed her desire to sign a 5-year rental agreement/renewal. She has been a good tenant for a year. She is also asking for the rent to be reduced.
Is there a guide on how much the rent should be r...
Steven Torok
Tax implications of reinvesting 100% of profits
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...
Bill Rainsburger
Newbie question on landlord insurance
Hello, I'm in Indianapolis and considering becoming a landlord, in a very limited way, we have a friend of the family that could use their own place to live. In many parts of Indy you can buy a decent small house for ...
Megan Arzt
Fire - 2 units (complete loss)...how to deal with insurance?
So I had a fire destroy two of my houses. One 3 bed, 2 bath, and an ADU that is 2 bed, 1 bath. I have insurance and the adjuster just came out today (it took some time for the town to do asbestos testing and allow ...
Chris Dawson
Cost Segregation - First Investment Property
Hi, I am in the process of purchasing my first investment property. I am looking at a house close to my primary residence for around 1.8M; I plan to rent it out for the first year while I obtain permits and plans to b...