Investing In Real Estate
Is a REIT a Good Investment in Property?
A real estate investment trust (REIT) could be a good investment if you are looking to invest in property, but don’t want to be a landlord Q: I have been listening to your show through iTunes and have learned a lot …
Real Estate Investing: Judging Home Value
Q: I put an offer in at 20 percent above the asking price for a property in the neighborhood. The house was originally priced about $70,000 and then later reduced it to about $50,000. We don’t know why the owners …
Closing Costs Influence Decision To Refinance Office Condominium
Closing Costs Influence Decision To Refinance Office Condominium. If the costs outweigh the savings, refinancing is not the right option. Q: I listen to you when I come home from church each Sunday. I enjoy your radio show. I have …
Refinancing Investment Property Under Government Programs
Refinancing Investment Property Under Government Programs is usually not possible, but real estate lenders may have other options available. Q: I may have misunderstood some information from your radio show from last Sunday but wanted to clarify it anyway. Did …
Using An LLC To Buy Rental Property
You may want to use an LLC to buy rental properties, it may be more cost effective to own in your own name with good insurance in your name. Q: I recently purchased a rental property in Illinois. The title …
Repaying the First-Time Homebuyer Tax Credit
If you took advantage of the first time homebuyer tax credit on your tax return for 2008 filed in 2009 and sell your home, you may have to repay the balance of the tax credit. Q: I am 29 years …
Handling Tenant Complaint When Electricity Shut Off
Not all landlord tenant complaint and issues need to be handled with a lawyer, some need some common sense understanding. Q: I recently purchased a nice four bedroom apartment in Miami. Many years ago, a former owner took two condominiums, …
Getting Rid Of PMI On Investment Real Estate Investment
Getting rid of PMI on investment real estate property can be nearly impossible with declining real estate values. Q: We bought an investment property for $76,000 about 7 years ago with no money down. Our interest rate is at 7.5 …
Investing In Real Estate With Friend Leads To Problems
If you invest in real estate with friends or relatives, plan ahead. Otherwise, you may find yourself deep with problems when money is short or disagreements arise. Q: My friend and I bought a single family house to make some …
Tax Incentives and Deductions for Real Estate Investors
Tax incentives and tax deductions for real estate investors is suggested to be the cure to the housing market meltdown and the problems in the commercial real estate market. Q: With the U.S. real estate market still at death’s door …
