Archive for July, 2008

I have one rental property and I would like to get a business name and take advantage of possible business?

Thursday, July 31st, 2008
rental property
artwin asked:


I would like to finance a second rental property and use a business loan. How do establish a business name and what else do I need to do to get ready to do this?

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What do real estate agents do for their 6% commission?

Thursday, July 31st, 2008
real estate agents
JamieL asked:


I read this blog (http://www.repupil.com/) about a guy going to real estate school and it seems like maybe getting an agent isn’t the best idea (i.e. they’re legally allowed to lie to their clients - “puffing”!!) Do you think it’s a good idea to have an agent - or should I just do FSBO?

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selling flooded and salvage cars for profit?

Wednesday, July 30th, 2008
Dmitry L asked:


I have an idea to start buying salvage or flooded cars from an insurance company auction (such as www.ridesafely.com or something in that manner).
Buying a car , doing some repairs and selling it for profit , well of course not for a full price since title is flooded or salvaged , but for that golden ratio where people will still buy it since its lot cheaper than a normal one and where I will make money.

Now my question , is it really worth it ? can you make money doing it , and whats the potential of profit you can make?

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Real Estate Broker made a false report to the commission about me?

Tuesday, July 29th, 2008
real estate
jimtheidahorealtor asked:


My busines partner and Broker made a false report to the Real Estate Commission about me as an excuse to take over my business and drop my license. I have proof that everything he said was false and the commission agrees. Can I sue him for making a false report or should I just make a complaint to the board.

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How many days notice do you have to give to pay rent or leave with a signed lease?

Tuesday, July 29th, 2008
leases
shotgun299 asked:


We have a signed lease with a tenant who is late on rent, again! We just want them out; how many days notice do we have to give? Is 3 or 5 days notice enough?

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What do I do if my renter doesn’t pay morgage and the house is bought by the bank/real estate agents?

Monday, July 28th, 2008
real estate agents
sdchaldo27 asked:


The renter hasn’t payed morgage and we are getting eveicted w/o our deposit etc. What can we do?
I am the renter, sorry for confusing guys.

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What if one roommate defaults on the apartment lease?

Monday, July 28th, 2008
leases
robynsleo asked:


My daughter and 2 of her friends convinced me to be the 4th signature on her apartment lease. Now one of the roommates has skipped out and won’t pay her share. They also signed a contract between the 3 of them as to what their share is. How can I get her to pay her share monthly?

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How does foreclosure on a home affect a person’s credit and assets?

Sunday, July 27th, 2008
home foreclosure
xxx x asked:


I am wandering, if you have more then 1 home and other property such as land and cars; if u foreclose on one of the homes will the lender have the right to target your other properties to pay off your loan with them? and lets say you owe more then the value of the house will you owe that difference even after foreclosing! I am in CA.

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what is the max. income to qualify for section 8 housing?

Sunday, July 27th, 2008
Section 8 Housing
shorty asked:


what is the max. income to qualify for section 8 housing in central FL.?

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What is the deal with mortgage rates advertised on Yahoo Finance or Bankrate?

Saturday, July 26th, 2008
Krystal F asked:


It seems that when I call to inquire about these good deals (for example, really low rates with 0 points), I am always told something like, “Well, that deal is for something else.” How does one get an accurate mortgage quote online from these sites? Or is it impossible to get an accurate quote without calling the companies directly?

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