William C.
Bankruptcy and rent to income ratio
A tenant that applied just filed Chapter 13 Bankruptcy several months ago and has a 600 credit score. His gross income is 4.6 times rent, but he has some after tax deductions (including bankruptcy payments he just...
Denise New
How to take real estate income and not show it as earned income
I am considering taking my social security income early. I found there is an exception to the earnings amount limits I can make after taking social security when I receive income from rental rooms or apartments for s...
Jonathan Jones
Texas Statute 32 - who is who?
Sec. 32.06. PROPERTY TAX LOANS; TRANSFER OF TAX LIEN. (a) In this section:In the Texas Statutes - Tax Code - Section 32...who are these people in common language? I'm having trouble figuring out who is the mortgag...
Daniel Dietz
How to Legerage a Private Note?
Hello All,
I recently went into a 3 way partnership with my brother and uncle where we are all using our SDIRAs (merged into an LLC) to buy 'Buy and Hold' properties. We have one so far, and likely will b...
Rupert Grant
Security Deposit with more than one signer to the lease
I recently bought a building with pre existing tenants. Many of the units have multiple signers on the lease. When tenants move and I return security deposits, should I divide the deposit equally among the tenants a...
Kristi Gray
Can someone please translate Delaware "assurance prohibited" law?
So we have a unit available June 1st, it is very tough getting good tenants with the credit/background check and minimum screening requirements we have in place. So we did an open house and found a couple which pass a...
Abdulmatin Sanni
Credit Building Tips
Hello everyone, i have a few questions about building credit at a young age.What are the first best credit cards to get? What are ways to build a strong credit profile? Are credit unions really the best rates out ther...
Marcus Morin
Tenant Went Silent After Signing Lease
Tenant signed a lease with me to start on 09/01. As soon as it was signed, 08/12, the tenant went silent. I've tried reaching out several times by phone, text, email with no response. First just as a simple welcome an...
Joey English
Private money loans
Private money loans:How many of you have heard the phrase, “it takes money to make money?” This is a true statement if you want to make it in real estate investing.People often make the assumption, however, that you m...
Tim Porsche
Second Tenant Taking Over Lease - Security Deposit Question
Hi All,I purchased a duplex back in October of last year and the upstairs unit was already rented when I bought it, so I let the tenant stay and they have been very good so far. I received the tenant's $500 security d...