Scenario: As a land lord, you have 3 tenants on Section 8 in NYC. The head of house hold (father), the mother and the daughter. The father was the bread winner but he got Alzheimer’s and started to forget making payme...
Hi, I'm a real estate broker from Tucson, Az and I'm just about to close on my first flip deal which happens to be a short sale. I made my offer on this 3 bed 2 bath townhome in Tucson, Az back in August and it's on...
Buyer purchases subject-to and bank calls sale. Is it the responsibility of the buyer to pay the balance of the mortgage or the seller? If the buyer can't pay, does it then become the sellers responsibility? Can the ...
I'm about to get my real estate license. However, I am aware that every transaction has to be under a broker. So that means that I can't wholesale unless the broker knows. I was wondering if there is a way that I can ...
Is it true that I would make more money with a license than without?
I am trying to determine if there is an industry standard profit margin for real estate investors. Is there a standard percentage of profit that you look for when evaluating a deal?
i.e. When evaluating a deal, al...
Hello! My name is Jake.First time poster here.I want to jump in to real estate today. The “issue” (more of a roadblock) is I am living in a rather expensive area on the coast of California. San Luis Obispo, CaMedian h...
I was wondering what other Landlords are doing about raising rents. Do you only raise rents when your costs go up? Do you raise them to be close to market rents? Do you raise them yearly or rarely raise them?I have...
I have decided to open a self-directed IRA to invest in rental property. I was wondering if anyone could recommend an IRA custodian that I could use. I'd like one that is easy to work with and has reasonable fees...
I think from reading MikeOH's blog that he seems to most of his own maint. I don't have that many houses but I do all my own work,several major remodels done and working on one now. I have read some posts that your a...