James P. Malone
Income verification for retired prospective tenant
I’m looking for advise on how to verify income for a tenant who is retired. The information I have so far is a statement from Social Security verifying monthly payment and a pension payment. Both of these combined d...
Bryan Hancock
Sample Release Clauses For Blanket Loans
I was wondering if someone knew of a good spot to review sample legal language for some sample release clauses for blanket loans. We're about to contract with a seller who will finance a small development project for...
Steve Candor
Warning: Bank checks and Certified Checks are NOT like CASH.
I just found this out and it could have been really bad situation.So we collected a certified check for the rent and security deposit. After the tenants sign the lease (guarantor has not yet), paid the rent, they deci...
Tami R.
options for payment with new tenants
I have around 85 units and by next month I will be doubling my units and will have 175.I do not have a dedicated office for our real estate, I office out of my husbands and my construction offices/showroom. Which in ...
Rick Bradd
SDIRA buying partial note payment stream?
General question about the "leftover" funds in my SDIRA. Say I have made some investments secured by a deed and a promissory note and I have some leftover funds sitting idle in my IRA account, earning basically nothin...
Clarase Mika
Did You Know You Can Purchase Property in Germany With Only 5-10% Down? Here’s How
It's possible to buy property in Germany with as little as 5-10% down, making it an attractive option for service members and civilian government employees stationed there or planning to settle. Here's what you need t...
Chris Stromdahl
Purchase Money Mortgages?
Are purchase money mortgages a form of seller financing?How are purchase money mortgage transactions handled?Is it a standard document used in real estate transactions?Should a real estate agent that works with owner ...
Sreeni Guntupalli
Tenant rent check returned in GA
Hello All,
I have a tenant who has been paying rent regularly until December (in Cumming, GA). But, the January rent got delayed and I was finally paid by check which got returned due to NSF. The current lease expire...
Martin Sterling
Bankruptcies and Notes
How do Chapter 13 or Chapter 7 effect a note you have purchased or about to purchase? What are the opportunities and procedures necessary to take advantage?Thanks in Advance
Travis Evenson
Debt to Income is too high
I am currently investing in CA and live in Texas and would like to start investing in OH. My issue is that my debt to income is too high to secure another conventional loan. I have a friend that will invest with me bu...