Monty McLamb
Good source for setting up Quickbooks
I searched previous forums but could not find the answer I was looking. Does anyone know of a book or website that shows how to set up quickbooks for a RE investor? Amazon only had a few and the descriptions and rev...
Jon Klaus
HUD auction fraud
Owner occupants get priority over investors in the HUD auctions. That means OO's can bid thousands less than investors and still win the auction.
The problem is that I sometimes get beat by an "OO" who really turn...
Jon Lallande
Appraisal Difference 100k?!
Hi all,
One of my good friends is trying to refinance his house. Within the last month he got two appraisals from two different appraisers. The first appraisal came in at $645,000. Three weeks later, the bank ordered...
Mary Jay
Credit score 622- collection, can prepay, would you rent to her?
Hi guys,
I was wondering if you please would be so kind and help me out!
I have a prospective tenant, single mom who owns her own business with her ex husband.Her credit score is 622. But, she has few accounts, most...
Andrew Choi
Regarding Syndicator and Credibility
I am curious about syndication and their process. What are some ways to research the credibility of the syndicators and their past history? As much as I would love to put my money in syndication after looking at the p...
Randall Degges
How to Handle Business Banking / Bookkeeping?
Hi there!I'm a new REI and am closing on my first rental property (a SFH) today. I'm also closing on another in a few weeks. I'm planning to acquire 20 properties over the next year and a half or so and have funds set...
Alexandra King
Ripped-off by a "guru" question
Hello Fellow Investors,
Last September I purchased a 3-day seminar for $800.00 from a San Diego real estate "guru" who was a featured speaker at our local Santa Barbara REIA. The seminar has never been deli...
Jack Forester
Title Reading Tutorial
Okay, so I found a property listed as "Bank Owned". Trulia says it's listed by the bank, but Auction.com is auctioning it. I'm trying to determine what might be left to pay after the auction. It doesn't specify whi...
Stephen E.
Ex Tenant Volunteers to pay damages - accept or sue?
My now ex tenant, the one detailed in earlier posts concerning his drug dealing, has been in touch. I had written a demand letter for over $5k of damages to the unit, backing this up with invoices for painting and flo...
Tzvi Balsam
Oil tank in bayonne.
I am in contract on a 6 Unit with an oil tank that can't be removed for being to close to a utility pole, seller says he won't mind if i back out of contract based on this. (He has another buyer that will take it as i...