Nancy Roth
Must expired contract be honored if escrow has not been released?
Hello, friends,I'm going to describe a dispute without revealing my role in it. Truth is, the side I'm on is really not important, and I think I'll get the best and most unbiased advice if you consider it from both po...
James Mudd
Live in apartment…or buy home..??
Soooo…here is my dilemma…should I stay living in an apartment while I accumulate rental properties so that I free up my debt ratio…for even more income properties?…or should I buy a home to live in and just accumul...
Adi Merx
The property is occupied...
Hello everyone,
I recently purchased a foreclosure property through the courthouse auction in Florida. The property is occupied. I have not yet made contact since I’m waiting for the ten day grace period to pass. ...
Kyle R.
What is possible for me? Young and Poor
I want to get a head start in real estate but I don't exactly have a nice big income. I make almost 20k a year and have about 12k in savings. I can save pretty easy right now because I do not have many expenses.One of...
Jimmy Epolito
Closing in 10 days! Excited and Hesitant! Let's Analyze It!
Hello All,
I am a new out of state investor and have a grand total of 1 property currently in my real estate portfolio. LOL. It is cash flowing nicely with a good tenant who currently does not have fear of losing t...
Fred Dray
How long should a house be vacant in Memphis TN?
Reside in CA and considering buying a house for rental income in Memphis. I'm using the following link because that management company is used by the agent I'm dealing with.http://memphis.craigslist.org/search/apa?i...
Sanjoy V.
At current CAP rates is it worth it?
With the current CAP rates, some places in Austin are at 4-5% at best, the question is how far can you compress the cap rate if you are buying at these low rates and sell 5 years later? are you really depending only o...
Stephen Kiser
On week 2 of direct mail campaign ..
Hello everyone, After 1.5 years of selling residential real estate and being stuck in analysis paralysis I started a direct mail campaign. My goal is to get my phone ringing with motivated sellers. I want to be able t...
Peter Kopchik
Dealing with hoarding tenants
I have a 2 family house, I live on 1st floor and have tenants on 2nd floor. They have a lot of stuff borderline hoarders. It started small but they keep accumulating more stuff on their porch, their stairs and the pat...
William Tippy
Who is entitled to the late fee?
We rented out our house for three years, using the services of a local property manager. It wasn't disclosed to us until near the end of the lease that the tenant was late 25 times, and no late fee was ever collec...