I just closed on  my first deal. It is a townhouse, should cashflow about $300/month. There is a lot to closing on a property! I purchased my home 20 years ago, so forgot how involved it is. The bank wants everything ...

While looking at properties I'll come across a property that says "foreclosed , unpaid balance of $ ". What does this amount mean? How is the unpaid balance taken care of? By who?

In a year I plan to move to Fl and work on my real estate agent license. Since I'll be new in the area, I'm hoping to work as re agent in order to get familiar with the market. I plan on using my license to support ...

I have a self directed "checkbook" LLC IRA. The LLC has a bank savings/checking account as well as a brokerage account to hold funds until they are needed for an alternative investment.  The LLC received a 1099-int fr...

Hello AllMy tenant just contacted me to let me know his son became ill, went to the doctor and the doctor told him the symptoms we related to mold. He was tested and showed mold in his system. I am having the house te...

I'm looking to get my first rental property soon near Cherry Hill, and am reading The Book on Estimating Rehab Costs by J Scott. In the book, he mentions that rehab costs can be higher in states like NJ and NY. I plan...

Hi,I received an inquiry asking if I accepted section 8 tenants and service dogs.  I understand it is a process to qualify one's rental to be section 8 ready so to speak. We weren't planning on pets but I understand "...