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Money isn’t always disbursed instantaneously at closing, and occasionally a seller wants to see closing proceeds in their bank account before they’ll hand over the keys. Is the seller allowed to do this? If not, what can the buyer do about it? It’s the day of closing. The buyer’s funds reached the closing agent’s account … Read more
Why You Need a Creative Financing Toolbox Building your real estate investing portfolio is like crafting a custom home. You need a set of reliable and flexible tools in order to build a solid structure. Like a hammer, traditional bank financing is a common tool that everyone knows how to use. And there’s nothing wrong … Read more
When the World Health Organization (WHO) declared the novel coronavirus (COVID-19) a global pandemic on March 11, 2020, our world changed in every imaginable way. The economic fallout in the United States has been astronomical, including but not limited to over 30 million people being laid off. Suffice it to say that the full implications … Read more
Probably the thing that scares new landlords and property managers the most is what to do when a tenant calls at 2 a.m. because water is shooting out of their pipes in all directions. This fear is so paralyzing, in fact, I’ve heard stories where people eschewed becoming a landlord just to avoid it. Some … Read more
Q: We recently moved next to a golf course, and an errant ball broke one of our windows. We called the clubhouse, but they did not want to help. Are we on the hook to pay for a new window? A: Living on a golf course means living with golf balls. While the golfer … Read more
https://youtu.be/JlidL3FZBKE“Should I get my real estate license? How do I find out how to become a real estate agent?”These are among the most frequently asked questions… While having a license isn’t a prerequisite to investing in real estate, it can be a huge help. Being a real estate agent offers major benefits. No more waiting for … Read more
Like most people who stepped off the Wall Street casino ride and into real estate, I did so because I wanted more control and fewer surprises. This spring, we have seen the end of the longest bull run, the deepest drop, and the best rally in the history of the stock market. And while we … Read more
It’s better to have a vacant property than a bad tenant who will smash up the unit and stop paying rent. Evictions are no fun to go through and quite expensive. And turnover tends to be one of the biggest expenses that property owners have. Unfortunately, screening requires some work and is not simply a … Read more
You finally have the time to work on home improvement projects, but you don’t want to stretch the budget. The good news is you can make a big difference and enhance your home or investment property with these easy DIY projects. Budget-Friendly Home Improvement Projects Change Out the Lights Bring those old ’70s ceiling lights … Read more
What Is Attorney-Client Privilege? Attorney-client privilege is a fundamental legal protection for individuals, companies, and organizations who provide confidential information and who seek counsel from a lawyer or law firm. Under law, an attorney cannot be required to provide attorney-client privileged information to a plaintiff in a lawsuit (such as a creditor) or to a … Read more
