Casidy Marks
Tax Question from my Private Money Lender
So I have a family member who is willing to finance my deals but we have run into a hurdle. The family member thinks that if he pulls say $150,000 out of his stock portfolio for a loan that he would be taxed 22% on th...
Steve Candor
Huge problem - what do I do in this situation? NYC
I'm the landlord and I rent an apartment out. Someone left a security deposit and we signed that she owes the first months rent on move-in date. We agreed on the date and the address of the apartment.Now two days afte...
Derek Pheiffer
10% Down Conventional Mortgage (Non FHA) - Philadelphia
I am currently looking for a few different mortgage loan options around Philadelphia, Pa in the range of a 5-10% down payment. I've already been pre-approved by several institutions, however the lowest offered has bee...
Afrothiti Manolis
Undocumented- CPD High school district proof
CPS, NOT CPD! I CANNOT EDIT THE TITLE, SORRY!Hi Chicago landlord team,
A tenant just messaged me that the high school he wants to apply his son to is asking for district proof and requiring two forms of proof (wat...
Joseph Escamilla
Mini Syndication - Raising Private Money
My business partner and I are raising money from friends/family for our next Real Estate Project. For background we will probably receive funds from 15-20 people and roughly $150k-$250k. Many people have expressed in...
Beth L.
Maryland Security Deposit Interest Calculator
This really came in handy today... this will calculate the interest due on returning security deposits. Awesome!!!http://dhcd.maryland.gov/Pages/RSDCalculator/Defau...
Mitchell Moody
Security Deposit - where/how to hold
Hello! New to this platform, and new to owning rental property.For a traditional yearly rental with a security deposit -- I read that if you hold the security deposit for more than a year, you must also provide intere...
Steven Segal
Lending - Attaching a mortgage - Illinois
I am doing a deal where I am lending 90K to a group. I am looking to attach a 30K mortgage to three investment properties they have with sufficient equity.Any idea on how much this would cost?They offered personal gua...
Kevin DuBrey
Put in an offer but didn't have cash to cover
So I have a property I am looking at that will require a renovation and could potentially earn a revenue of 73k per year as a short term rental on a 240k property. Probably a 35-45k renovation Unfortunately I do not h...
Tom Scott
Buying Already Occupied Building
I'm looking at a few 4-plex buildings and most already have long term tenants. I know I need to look at the lease agreements before I buy, but what else do you do in order ensure an easy transition for the tenant? How...