Patrick C.
tenant screening lots of credit card debt
When screening your tenants are you ever surprised by the amount of debt they have on the credit report. One possible tenant has $24,000 in credit card debt. I know most people live paycheck to paycheck and spend more...
Jason C
Another newbie...need advice!
I've had the real estate bug for a while now, and am ready to take the plunge. I'm in my mid-30's, married with children. I owe $200K on a property that was just appraised (not assessed) st $400k, and I have about $...
Stephanie Anson
Newbie interested in aparment investing have several questions.
I'm looking to get into apartment investing. I went to my local REIA and started talking with people about how it is done. There is a guy there that puts deals together for investors. He helps to get a group of inv...
Marty Gold
PA Law Question - Security Deposit
The PA law reads, ""Escrow Funds Limited:(a) No landlord may require a sum in excess of two months' rent to be deposited in escrow for the payment of damages to the leasehold premises and/or default in rent thereof du...
Ryan Moore
Fixed or HELOC on primary residence?
I'm looking to squeeze a little cash out of my primary home for the purposes of purchasing another multifamily property soon. I've been down the road of having a fixed home equity loan before, and I currently have on...
Account Closed
Judgment Investing
A person at my local real estate club has been promoting judgment investing. She purchased The Complete Guide to Judgment Investing written by Mark Walters from the CashFlowInstitute. I was curious about judgment inve...
Michael Lightwood
Buying a house in another state
I am looking at buying a house when I return to Nebraska. I have bought homes before, but only when I was in the area. I am wondering if it is possible through a realtor to buy a house while still in another state? Re...
Gene Ferriter
Using collateral for downpayment instead of cash
I am looking to buy a property that will need 20%-25% down. I would like to leverage my IRA as collateral for a down payment instead of using my own cash, home equity loan or refinancing a rental. Has anyone ever d...
Suvir Salins
LLC owned by an Australian Family Trust - tax return questions
Hi BP Community. I have a CPA but there seem to be a few questions around which tax return forms to file regarding my particular situation. So I thought I'd put it out there to see if the BP community could bring so...
Cindy Ng
Newbie in real estate
I’m a 50-year-old single woman renting my home and caring for my 2 elderly parents. I have $300K in cash and am exploring real estate investment opportunities. I’m not skilled in repairs and live in a high-cost, tenan...