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Am I reading this correctly?ORC 5321.16 - Any security deposit greater than $50 or one month's rent(basically all security deposits) whichever is greater shall bear interest on the excess at 5% per annum and paid annu...
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Hello everyone!My wife and I are in the beginnings of our journey into the world of real estate and we are looking into one or both of us getting our real estate license.The thought is that it can save us a bit of mon...
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Is there any good lower cost SDIRA company that any of you are happy with? I currently use New Direction Trust Company, but their fee structures have been increasing. So I'm shopping around to see if there are other t...
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how much do you need to start ur real estate journey in Houston TX, considering worst-case scenarios.
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First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...
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Xpress loans 911 is a major scam!! Andrew of Xpress loans sent me a term sheet for 15% down at 6-8% interest on a 30 year loan in which I had to pay 1,295$ commitment fee. Once I paid and went through the loan process...
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Hi all - I need your expert perspectives! Please weigh in if you have been in this situation before...I have new tenants in a house I am renting in NJ. Rent is 2k/month. A young married couple who seem fantastic. Ever...
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Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
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Hello,I'm a newbie. I recently purchased a 3 unit rental property. It is fully occupied with great tenants. I charged security deposits but from the discussions I've been reading it sounds like a Move In fee is the wa...
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Hi BPI'm a long term investor....A Friend of my parents want to sale their house to me. They moved to a newer house a year ago & this one is currently rent out. Now they want to sale. House estimate $70,000 Rep...