Account Closed
Conventional Loan 25% down or attempt to spread Funds Out
I'm new to REI. Many of the podcasts and much advice says to get started and not to sit on the sidelines forever. I've made contact with a loan officer. I have very good credit and could get together a down payment an...
Bhanu P.
Should I accept or reject this Tenant (And why I should do that)?
I do have a response for one of my listing for lease. The interested person is ‘Single’ and work as club dancer (I do not have any details yet about the kind of club). She also have 2 pets (it doesn’t bother me and sh...
Markus March
Late Fee Pricing
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
Michael Plaks
Are syndications "extremely tax efficient"?
This post was prompted by this quote from the website of an established syndicator, emphasis mine:
"What kind of tax impact is there? Apartment syndications are very tax efficient. As a partner in our limited partn...
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
To those who consider themselves very wealthy, is wealth worth what is takes to acquire it?I don't want to become ultra wealthy because I don't want to do what it takes.I love spending time with my wife and being home...
James Mc Ree
Seller died prior to sale.
My scenario is a parent and child own a PA property, but live in another state. Both list it for sale in the MLS in November 2019. Parent passes away a couple weeks later. I offer on the property and offer is accep...
Ishmael Johnson
Cash for keys during the moratorium
I want to get my tenants out of my property so i can do some renovations to force the value up and sell the property, but the tenants cannot be evicted. Is cash for keys a good strategy to do so?
Kevin H.
Is the "2% rule" a valid way to identify properties in expensive markets?
As a new guy around here, I just read the "Ultimate Beginners Guide" to real estate investment. One thing I found during my reading was the 2% rule of thumb for evaluating properties. This rule suggests that monthly...
Luke Ache
What can I do with cheap lots?
Hello from Alabama. I have been spending a lot of time on Realtor.com and there are plenty of cheap lots in Montgomery, AL in the $1000-3000 range. Some of them are not in the nicest neighborhoods but they look ready ...
Steve Faucette
New to BP - Brooklyn New York. I recently Joined.
I am from Brooklyn, NY and i am very interested investing in Multifamily Units, I am currently looking in the Jersey City, Union City, NJ areas. I am told that these two areas are up and coming community's. I have a...