I'm having a difficult time getting 1st lienholder to provide details (payoff) to us as we are 2nd lienholder. They don't know but we're about to foreclose. I know we are entitled to info but what should I provide &a...
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
While its only a couple hours old, everyone probably hasn't had a chance to fully digest it, and isn't finalized... does this new tax plan help real estate investors? A couple key areas that have me concerned;Let me ...
Just came across a late night call with one of my tenants. His family has been living there over a year and I would consider them good tenants. They warned me before that the front tenants dogs (pitbulls) are sometime...
I am located in Oregon, first time landlord. Our open house is tomorrow and someone has already mentioned they have Section 8 vouchers. My understanding is that it is an opt-in program? But that conflicts with the fac...
Snow balling vs 15 year notes on rental properties....? Have any of you ran the numbers to see which is a better strategy on paying down the loans on your properties? We currently have 2 rental properties, one a 4 pl...
For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction. However, we have be...
Do you go with a 30 year mortgage or 15 year? I just closed on my first REI and took the 15 year. It was $146 more per month on a $60k loan. Seemed like a no brainer with the interest savings. It's not cash flowing mu...
Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...
Ok, so I have a deep interest in helping people understand how to be successful in real estate. I'm an entrepreneur at heart and I would prefer to make money giving the time, knowledge, and experience I have to other...