Elsa M.
Being a newbie landlord
Hi everyone, I'm from Illinois and will be purchasing my first rental property very soon. Where do you guys recommend finding tenants? And what paperwork do I need, as far as lease agreements, applications etc.. And w...
David Weintraub
Title Issues / Deed - Different States
Pennsylvania has proven to be a difficult place for HML to do business with new clients, specifically Philadelphia and some surrounds counties.
Deeds are not registered in some cases up to 90 days making title insura...
Account Closed
What can the financial statement tell you
As a CPA and an investor, I'm well aware that reviewing financial statements is important. I'm curious what many of you as investors look at when reviewing these statements.
Besides the fact that there may be issue...
Marilin Matos
Advice on Escrow Agreement for Garage
I made an offer on a house in January 2020 and we were about to close in March 2020 when the delays due to COVID-19 began. The seller was not able to provide the CO for the house. It used to be a single family home wi...
Atisha Fordyce
I'm the Victim of Real Estate Fraud in Philly
I was blind-sided with the news that my recently bought two-family home is legally a SINGLE FAMILY dwelling. I closed on the home in November of last year. It appraised for $300,000. I live in one unit and rent out th...
Eric Engelson
Seminars
Are Fortune Builders' 3 day workshops worth the $197.00 for the two of us?
My wife & I have renovated a number of houses but only as residents. After a few years we've sold them. I'm now interested in s...
Mark Vannasdall
Heloc or refinance Which one is better
I have 100% owned condo what is the best way to get cash out of it to buy more properties
Michael X.
Land value, improvements and depreciation
This is a scenario that I have not run across before. These numbers are roughly based off of the auditor's website.
A commercial property has a higher land value (100k) than the depreciable improvement value (60k). ...
Account Closed
I'm curious - what would you tell a potential buyer?
A realtor listed a property online. The building is a feature in my town and I've driven past it my whole life. So being curious (as a buy and hold investor), I emailed her to ask what kind of rents one could charge i...
Sean Mills
When should you seek out a real estate agent?
I am new to real estate and have never purchased property for personal or investment purposes. I am currently doing a lot of research on investing in real estate. A common theme is to start looking at lots of properti...