Stephen Adams
Non-refundable deposit to VIEW property?
I just spoke to a person claiming to be a wholesaler about a property that he's offering. He wanted a $1000 deposit to view the property. Half was non-refundable. He said this was to avoid bothering tenants with peopl...
Nathan DeJonge
Notary Loan Signing Agent
After just completing my first refinancing deal (32% forced appreciation on a one-year live in flip), I have become aware of the loan signing agent profession. During my signing appointment my agent was shocked with m...
Alain Chautard
Property Management and continuous stream of repairs... What would you do?
Hi,I have a property in a different state that I trusted the PM company to take good care of. After two years, I've received 30 maintenance requests from the tenants, which seems like a lot. The PM company happily dis...
Said Aliyev
Investing in Detroit
Does anyone have experience in Detroit in the last year or so? how is the city doing? I see a lot of properties for sale...Would love some insight!
Eve Oliver
LLCs and Business account
Hello- I have created 2 LLCs for my 2 rentals that mean I have to have 2 different bank accounts? or I can have just one bank account that can hold all the LLCs. Any suggestions?
Eric Gabriel
$500,000 Problem: Tax Entity? Asset Protection? Use of Profits?
I'm going to be returning from you US from Korea and need an entity other than my personal bank account to place $500,000. There are several goals that I will list below and desired results of those goals.Goals:
Inv...
Kevin L.
How to raise under market rent for a 4 plex in Bridgeport?
I am closing on a 4 plex in Bridgeport, all units are 2 bed 1 bath, and the current rents are under market at $600 against a fair market rent of 1200+. All other 2 beds in the neighborhood are renting for 1200+ so I k...
Briar Blake
Property Managers Violated Contract
My contract with my property managers requires my approval for any expense over $500. For the second time, an expense for well over $500 has been payed without my consent. It was in response to a potential emergency s...
Patrick Goswitz
Purchasing Material For Contractors
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Nick Tarantino
How should a person invest in real estate as a beginner?
I know a person who has about 140k to invest. This person has an interest in rental properties and flipping houses. If they want to make a living off passive income from real estate, how do you think they should get s...