Dan Acampora
My First Deal
In 1979 at the ripe old age of 20, I was a fairly new Real Estate Agent yet one of the top listing agents in the area. While going through the expired listings early one morning I came across a bank REO listing that l...
Hideaki Yen
Question about Lease Option vs Rentals
I recently watch a youtube video by Kris Krohn about rentals vs lease option (rent 2 own). Some things he mentioned where lease options are better than rentals.- charge higher monthly rent - tenants tend to trash the ...
Duane Symanietz
Real Property Management (RPM) Wichita KS
Hi,I had RPM Wichita manage my single family in Andover KS for about two years until recently. RPM started missing owner payments in OCT of 2016 and I had to call them to send payment. They payed but now owe me two mo...
Adrian Akerman
Returning 1/2 of security deposit at lease renewal
I have two approved applicants for my property and i have required a double security deposit (two month's rent, totaling $3,800.00) due to lack of rental history and one of them having some delinquent credit history. ...
Rich Weese
At what percentage do we reach the point of no return?
According to the latest statistics we have now reached the point in this country where 49.5% of the population pays zero income tax. I'm pretty good at math so I've come up with the number of 50.5% do pay some income ...
Micki Sluyter
Refinance
We currently have two rental houses. I'm wondering about refinancing our primary house to free up a line of credit to purchase another property. What are the downsides to refinancing? We have two mortgages on two sepa...
Troy Ross
Lease Backs on Short Sales - Free Distress - Bank Concerns
I would love any feedback on this subject. I am checking out a company that will purchase a distressed seller's home and rent it back to them at a reduced rate, lowering their monthly payment significantly. They will ...
Nathan Salazar
Should I get a better job to raise capital?
Hello everyone
I have been working at a car dealership and currently making $10/ hr. I want to save money to buy my first investment property. Would it be a good idea to get a better job In order to save more money...
Jeff B.
Helping out a tenant?
I have a pretty unique opportunity that I'm having a hard time saying yes on. I have a tenant that has been an "OK" tenant for a year. I say "OK" as they have been late on their rent, but have always be very forthco...
Dennis Tierney
Obamacare rent tax
For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare. It is one of the myriad of new taxes passed by the Social Democrats. How are other passive investors of th...