Tom Chen
Annoying mistakes with closing costs escrows...
First, let me say...I HATE BIG BANKS LIKE HSBC...Now that that's out of the way, many times big banks don't include the full tax escrow amounts in their closing fees. If you don't want a surprise increase in monthly ...
Bill Bob
Buying first rental with HELOC
Hello all my name is William and I'm still on the hunt for my first property. I'm about to get my preapproval and hopefully my first property soon thereafter. The question I have is I was planning on using my HELOC fo...
Joshua Andrews
1st Lien Modification Question
I have a question regarding modifying a defaulted 1st lien on a property. Here is an example. The original payment was extremely low, say $200. It was since defaulted on years ago, and now arrears have accrued. Is the...
Emily Ziemba
Tenant 3 months late on Rent, worth it to try and evict?
Hi! My husband and I own a single-family in Shoreline, WA. Last year, we accepted a job opportunity in CA, so we decided to rent out our primary home for the foreseeable future. I didn't have a great time finding tena...
Maggie Kouzov
What option is best now: LTR, STR or CD
Hi David, Maggie from Chicago area. I’ve been listing to your show for a year now. Great Show! In November 2022 we got our first long term condo which is producing $170 monthly positive cash with 7.4% rate (investment...
David C.
Sale contract before 1 year but collect funds after 1 year tax?
If you build a new house, and rent it out with a 1 to 1.5 year lease, and the buyer is renting to own, but the sale takes place after the lease ends, is this treated as income or as a capital gain? Would the rental p...
Ramsey Rimkeit
Building up Credit from Scratcj?
How can I build up my credit rating from 0 asap?I'm a US citizen, but I've lived for 20 years in other countries. I'm moving back to the states soon with my family and we're planning on investing in real estate in the...
Mark Graziano
Help Me "Control" This House
I found a home today located near (.5 mile) a large university in Atlanta which is 3bed 2 bath. It was recently purchased with cash by a non- local investor for 50k according to zillow and he has put it back on the m...
Jesus Garcia
Buy and Hold Goes From Bad to Terrible for a $10K Profit
Investment Info:
Single-family residence buy & hold investment in Beaumont.
Purchase price: $21,000
Cash invested: $21,000
Sale price: $30,000
2/1 that needed quite a bit of updating, but it ...
Jesus Garcia
Buy and Hold Goes From Bad to Terrible for a $10K Profit
Investment Info:
Single-family residence buy & hold investment in Beaumont.
Purchase price: $21,000
Cash invested: $21,000
Sale price: $30,000
2/1 that needed quite a bit of updating, but it ...