Jeff S.
Rent lands at post office on Saturday the 31st
Cash accounting when do you post yours? It won't record at the bank on Saturday not a business day thinking to post on Tuesday when business is conducted. Can probably go either year so whichever works best the way to...
Geoffrey Jones
70% ARV Leaseback Option to buy agreement in Whiteplains, NY
Guys I have a really slamming deal near NYC. Property is worth 850000+. Owner wants to do a lease back agreement and will pay the lease upfront for 3 years with proceeds of sale. $136800 cash at closing! I am selling ...
Haiyang A.
$8000 closing costs for cash-out refi of a rental property in Cincinnati
I am looking to do a cash-out refinance for a rental property which is located in the Cincinnati area. The quote I'm getting from a local mortgage broker is as follows: 30 year fixed conventional financing, 75% LTV, 7...
James M.
30 - Day Notice with Prepaid Last Months Rent
Hey guys, I've got a quick question which has thrown me for a bit of a spin. I am finally closing escrow on my first duplex, which will be owner occupied, so the time has come to put in the notice at my current reside...
Debbie Pelloski
Question about evaluating a deal with prepaid taxes
I'm a newbie in Michigan and property here requires, so far as I've been told, 13 months of prepaid taxes. I'm wondering if I should be figuring that into my cash in cash return since I will need to bring it to close,...
Kevin Kim
Closing Cost for prepaid Property Tax (10 months)
Hello
I have closed my first investment property last Sep. Noticed my loan lender closing cost details shows they charged 10Months Property tax prepaid. My question is why do i have to pay 10Months property tax in a...
Ross A.
Florida collecting prepaid rent as a lump sum
 I have an applicant who is moving to Florida, and they’re looking for a seven month lease. They have a good credit and a good background but no job yet. Am I legally allowed to ask for the entire seven months rent t...
Azzeaz Saleh
Has anyone subscribed to pre paid legal services
I was wondering if anyone has subscribed to pre paid legal services and what were the experiences of doing so. Which company too. Thanks
Burt L.
LL Gave My Prepaid Rent to New Tenants
As I had to move quickly and give 30 days notice, I paid the October rent and gave notice I was leaving, keeping the utilities in my name. New renters were found in ten days and moved in on October 15th. The landlord ...
Jeff Thompson
prepaid leaseback - transfer property with no money down?
I don't know how feasible (and legal) this is, but I'm exploring options and thought this up:
For a deferred down payment do a leaseback prepaid to cover closing costs + down payment. I have this in mind to transfer ...