Hello,What are some of your standards on how much security deposit you collect for your commercial leases? Is it something based on credit score, e.g. "fair = 3 months rent, good = 2 months rent, very good+ = 1 month ...
BP, I've been following these forums and podcasts for a long time and now really need some help. I have a piece of land I'm working on getting through zoning variances approved and the ISD is really slowing things dow...
Was wondering if anyone could provide a brief summary of what all is involved when lending to a rehabber. I found one that I am interested in lending money to for his projects but do not know what all is entailed as ...
I just purchased my first investment property, a triplex in Baltimore county. I have inherited wonderful long term tenants. The seller mailed me their security deposits plus interest and now I am wondering: A) recomme...
Good Morning BP!!!from what i understand, purchasing a property at a judicial sale wipes liens.using imaginary numbers, here is the scenario.house purchased at judicial sale for 40,000 (property worth 150,000)tax li...
Hi all, are expenses incurred searching for and/or purchasing (going to the closing) rental property tax deductible...whether that be mileage, or airfare to another state?
I am a dad and contract technical writer taking my family's first steps into REI.After reviewing several options, my wife agrees that buy and hold real estate in our community looks to be the best investment we can ma...
Hello to all new or newer investors! Just an FYI, I have loans on most of my houses, both 30 yr fixed residential loans that I took out in my own name and commercial loans through the business but personally guarantee...
Hello,I have the opportunity to receive a loan from a foreign country in a great rate. Looking for advice where to put the money while waiting for an investment opportunity to come by. Thanks,
Hi. My wife and I recently ran into an issue that resulted in us accruing $18k of credit card debt. In an attempt to get this debt down because we had goals on purchasing our first home (no more than $220k) within fir...