Nathan Emmert
Non-Refundable Security Deposit
The rental I purchased last week had fairly significant security deposits in place, a portion of which was labeled as "non-refundable".
Am I correct to assume that's essentially income?
If so, from a tax perspective...
Mark Eichlin
Do I have to use the ASR (Standard Agreement for the Sale of Real Estate) from the Pennsylvania Assoc. of Realtors.
I am a new RE investor and my Realtor is telling me that I have to use the ASR (Standard Agreement for the Sale of Real Estate) from the Pennsylvania Assoc. of Realtors.
Is this a requirement in PA, or simpl...
Matt Nelson
1st time Landord; maybe? Please help me understand!!
Hey, Everyone!Im relocating out of state and Im trying to get a financially realistic idea if I should rent my house out or sell it. I dont know how the homeowner to landlord "business" aspects play out and im really ...
Jonathan W.
Credit report scores varying from different credit checks?
Using Cozy for credit checks and this persons credit turned up lower then what qualifies.However this person sent me screen shots with the credit checks being different from different reporting companies and that the ...
Rick Santos
Help - Leases, first time landlord
Hello,Looking for some help from other Connecticut landlords on lease agreements and tips. I am in the midst of rehabbing my first investment property in New Britain, CT and am targeting to have it ready for rent/occu...
Steve Rozenberg
Which is Better to Live in, Self Managed or Property Managed?
Why Do You Think Tenants Like Management Companies Over Self-Managed Properties?
David Dey
2 questions every lender asks. (If you answer correctly guarantees funding)
I just read a post here from a gentleman asking for a lender who would either lend on the down payment of a house, or lend on the entire purchase of the house.
The responses were mainly that there are no hard money l...
Kevin Ferris
Screening Tenants in Phoenix, AZ
This is just our second rental property, but I'm having a hard time finding qualified tenants. Am I setting my standards too high?2000 sqft house, 3bds, 2.5 bath with a community pool, nice North Phoenix neighborhood...
Ryan Clements
Hard Money Terms Sheet... 12% and 2pts?
Howdy folks: Looking for a 2nd set of eyes on a hard money terms sheet... Can I get a few thoughts on fair value? Is this similar to what others are seeing? First experience w/ hard money.
Loan amount: $27,000
Int...
Mary Jay
What is the best way to insure a teen driving a car?
One attorney told me the best way to insure a teen is to put a car into an LLC and have the teen drive it. Then if something happens they cant go after everything that the parent owns in his or her name.Is it the best...