Brian Warren
Security deposit in a high yield account
I understand that I need to hold the tenants security deposit in a separate account... I was thinking of putting into a high yield savings account 1.9% or possibly putting into a 12 month certificate of deposit at abo...
Christopher Davis
How to negotiate a short sale from begin to end?
Currently, I am working with an owner that has a 4 unit property scheduled to be demolished. I am working with the county inspector as well. The owner is letting the property go into foreclosure and has not paid for a...
Amanda Moreno
Agent Broker Commission Dispute... Please Help!
I am a new real estate agent and briefly worked as an apartment locator. During the time that I worked there, they made it mandatory that all agents make office hours, and if we weren't in the office, then we were to ...
Lauryn Meadows
Utility Bills Staying with Real Estate after Closing
Hey all! I have a question. I closed on a flip property last week in Flatwoods, KY. We did purchase title insurance at closing, and no liens on the property. I've called the city of Flatwoods utility to turn on water ...
Jim Shepard
My tenant just filed for Chapter 13, now what?
So I was getting ready to leave on vacation for two weeks (Alaska) when I get a letter from the Chapter 13 Bankruptcy Trustee. One of my tenants that has been a renter for more than 2 years recently filed.
I tried ...
Jorge Guerrero
Owe more than house is worth?
I was talking to one of my friends, and he was telling me how one of his co-worker is going through a tough situation. He owes about 115k on the home, but it is only worth about 85k. Can a real estate investor find a ...
Amy Skaar
Advice requested - please help me analyze this deal
Hi all,
I'm looking for some help stepping through analyzing a deal. I'm open to any and all feedback - I'm new to this so please go easy. :) What I'd like to know is if I'm too ambitious to start with, and w...
Marcos Torres
Contractor Nightmare - New Jersey
Hello All,I need some advice or guidance. I’m currently on the process of a rehab on a duplex. I hired a contractor who told me he would be able to finish the job in 2 months. I awarded him the $57,000 contract and wo...
Steve S.
Question about Notes - First Timer here
Anything I've ever learned regarding money has typically cost me money.I have a house under contract for $75,000 in which the seller will pay $5000 towards my closing costs. 2 days later someone comesup and says "I'd...
Jason Carter
Little Rock Insurance Company
Hi, Have my first few properties under contract in Little Rock and hoping someone can recommend a good insurance provider for flips and rentals?