Vasudev Kirs
Question about security deposit and business account
My tenant will be transferring security deposit into my business account. Are there any restrictions on whether I can use it for other expenses or should they stay in that account? Below are the laws from my state re...
Ayaan Aha
Signed the contract but the seller is taking forever
So here is the situation. The property was water damaged and insurance company fixed everything. The property was listed with an auction broker that would go to auction in mid Jan. However I made an offer and the sell...
Ernest Partin
Is Boston, Ma currently priced to high, if not why?
Hello BR Friends, Hope everyone is well today. I am a real estate agent and investor in Massachusetts. I watched the City of Boston prices soar higher than it looks safe. There are 3 Families listed above $2MM. I do ...
Elaine P.
Do you want real deals with real Profits
98% of investors pay too much for deals and use emotion to do deals, many structure them wrong and always are chasing cats and dogs!
Cerwin Haynes
Seller having issues evicting Section 8 tenant as sale condition.
Hello all. I'm buying my first property via FHA owner-occupant. A two-family house; seller agreed to evict a section 8 tenant as terms of the deal (I'll be living in that unit woke renting out the other).Although my f...
Account Closed
Should I keep this long term tenant or not?
Hello my seasoned REIs:I just purchase a property that has a long-term tenant (14 years) that her rent is well below the current fair market rent (25%+ less by its similar condition). The unit is in deferred maintenan...
Haickel Padron
Hsa investment question
I have an HSA thru my job. If i transfer money from that HSA to my bank account is considered cashing out? What kind of 1099 they will issue? I want to invest it in my own bank with interest but how can I show to the ...
Martin Grazziano
Investing in Detroit, MI. Is it really risky?
I am planning to purchase a $30k 3/1 SF Home in Detroit.I receive lots of negative comments about this. I will appreciate some insights as the return % seems to be interesting.
Pamela Holmes
Purchase Property through Tax lien
My deal:"The owner of a 4/1 home is 2 years behind on his property tax and can't afford to pay it. I offered to write up a contract where I will pay the taxes owed and set up a payment plan with the owner. If he is in...
Kurt Schmid
Wholesale
I just want to make sure I completely understand the concept of wholesale real estate. Please respond if I need correction.
You negotiate a deal with the owner of a property to buy it at a discount. You sign a cont...