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All Forum Posts by: Precious Thompson

Precious Thompson has started 206 posts and replied 310 times.

Post: Distress properties

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

What is the biggest plus for people who are interested in buying distress properties?

Post: Equity

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Is there any negatives to taking equity out of a property to purscase a new one?

Post: Dealing with Tenants

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

If an investor is interesting in buying a property from a landlord and property has tenants already placed in there but the tenant isn't a good one , is it illegal to replace them with new tenants since you are now the new owner?

Post: Properties that doesn't Cashflow

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

What reasons would a buy and hold investor buy a property that doesn't cashflow?

Post: Finding a Great Deal

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

What are some other ways can I find a GREAT deal other than looking on the MLS?

Post: Security Deposit

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

When a Renter pays there security deposit to a landlord does it go into escrow?

Post: Buying Vs Renting

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

Plan on moving out soon , is it a good idea to wait to purchase a home or  is renting a property from someone a waste of money when that money can be used to own?

Post: How to handle tenants

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

What to do if a tenant doesn't pay rent?

Post: Getting the Deed to a property

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

How long does it take for an investor to receive the deed to a property they purchased?

Post: Good Deal vs Cheap Property

Precious ThompsonPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 310
  • Votes 34

What are some of the most important things a new investor needs to know when understanding the difference between a good deal and a cheap property?