Donna M.
Escrow company or attorney?
Is there a difference between closing with an escrow company or an attorney? My seller says that in his state, they only use lawyers for real estate transactions. I don't know the benefits or downsides of either. A...
Peter Grosso
Strange way Management company charges me
Hello All, My management company recently put a new tenant into my rental, They charge the first months rent. Instead of just taking the first months rent they actually paid me the first months rent, then cha...
Sebastian Gomez
Creating a Property Management Company As a Realtor in Illinois
Hi everyone,I am looking for some advice on how to form and operate a property management company in Illinois as a realtor.
I currently am a realtor in Illinois and I operate my business under a LLC. How would I nee...
Joseph Weiss
Homeowners insurance for 2 buildings on 1 parcel. Two policies?
Do I need two separate insurance policies?I have a 3 unit multi-family rental in Michigan. 2 units are in a duplex, and the other unit is separate (it looks likea single family home next door, but is actually on the s...
Jason C.
Plumbing company charges $230 per sink basket
I had a tenant in one of our units in San Antonio mention a leak under the sink, so I called a plumbing company to go take a look. The plumber gets there and calls me. He says no big deal, the sink strainer basket is ...
Jennifer Kim
How can I get my earnest money back? Please help
I would appreciate it if I get some advice on one of our deals. We are purchasing a $600K property in California but the deal fell through because the lender cancel the program during the pandemic. And I also have alr...
Linda Doane
Trying to use 401k to invest in real estate
Hey!My husband and I would love to use some retirement money to invest in real estate. We have looked into buying directly from the retirement fund (employer refuses to roll it into a self directed IRA) as well as vol...
Steve Brown
How to I expense pass-through money from my mang company to me
I'm looking for 'bookkeeping' help. I have one company (partnership) which owns rentals (comp1). I have a second company (Scorp) which manages the properties (comp2). I receive Section 8 payments in the name of the ma...
Ashley Worrell
How to Fix Wrong Property Description on Deed of Trust - Plano,TX
We are selling our house to a cash buyer, in Plano,TX. Our title company pulled the title and it turns out when our neighbor refinanced his house in 2011, our property description was used instead of the neighbors. Th...
Timothy Douglas
Broker Price Opinions Austin, TX
Hi everybody. My name is Timothy Douglas and I’m looking to get started in the REO business. I’m going to start with broker price opinions for immediate cash flow and to eventually get REO listings! I’m getting some B...