So we received the security deposit on our first rental and now we are unsure what the next legal steps are. I think I need to open a separate interest account (escrow?) and then provide the tenant with the bank and...
Hello,
I am looking into getting my real estate license, but I heard through the grapevine that all realtors are required to become brokers now, that you just can't get your real estate license to be just a realtor?...
I watch a lot of RE shows about flipping and solely renovating. I know that there is more behind the scenes then what is shown on TV but on these shows, they seem to be able to do a renovation for between 30-40K. Incl...
Hi,I am stuck with Lead affected property for over one year, it is marked lead affected by health department in Youngstown, Ohio. Without fixing it we can't rent and also no one wants to buy. only thing i want right n...
i have a corner that has rotten wood due to long term leak (years). the bottom of 5-6 two by fours are rotten and the bottom plate is rotten.the outside is brick, so i can't get to it from the outside. how do i replac...
Hello everyone, I am under contract for a HUD property and the appraisal came back as C-5 (not financeable). Since this is a HUD property they won't do any repairs. Does anyone have any advice for me please.. getting ...
I am preparing to purchase my first rental property and have a question for the community. Asking the same to my accountant and will post his answer as well.
Should I:
1) Purchase in my name using a personal bank loa...
I estimated a $20 per square foot reno on a 936 sq ft home. Isn't this supposed to include things like windows, doors, cabinets, bath, drywall etc. I thought the average for estimating was somewhere between $8-!5 doll...
Originally posted by Jon Holdman:I'm taking back a house this week because the borrower hasn't been able to sell it.
Jon, sorry for the thread drift, but I've been wondering, when the lender (you, in this case) fore...
I've been an Real Estate Investor for 10+ years...I've had my Realtor License for 2 years. I'm always wearing two hats and sometimes they get confused. Since I've had my license I haven't bought a property for myself....