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All Forum Posts by: Mindi B.

Mindi B. has started 3 posts and replied 32 times.

Post: Hello from sunny Phoenix!

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

Hi David
I am in the north Phoenix/north Glendale area.

Post: Hello from sunny Phoenix!

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

@Rich
The AZREIA group is great, we meet every second Monday. Check their calender for the exact date and location for March, http://www.azreia.org. Another great group is the Phoenix Real Estate Club, they meet every third Tuesday (their calender is on the AZREIA site as well)

Post: Hello from sunny Phoenix!

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

Hi Tim
No luck yet, just getting started!

Post: Hello from sunny Phoenix!

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

My name is Mindi and currently in Phoenix AZ. I have one rental property and closing on my second this month. I have also started wholesaling to generate some income and learn the ropes of deal making. Hoping I can quit my job soon and do REI full time!! I am always looking for good networking opportunities, building my team and meeting new people! BP looks like a great place to start :D

Post: What are the risks using personal name for flip instead of business name?

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

You can switch title to LLC after closing, but before you re-sell the property the title has to be switched back to your name. If you are only holding the property for 4-6 months, seems like a lot of extra work. If you have an adequate insurance policy, is an LLC really necessary for flips?

Post: Separate checking account for each rental?

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

Just a follow up: ReSite does allow the option of accepting only full payments from tenants. Their site is www.resiteonline.com.

Post: Separate checking account for each rental?

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

I'm in Arizona and I've never heard of a separate bank account required just for security deposits.

Post: Separate checking account for each rental?

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

I believe resiteit.com is one. I contacted them to confirm, they are double checking and will respond on Monday. I have heard of others but can't remember the names.

Post: Separate checking account for each rental?

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

Some online rent payment systems allow the option of unaccepted partial payments. The tenant must pay in full, or nothing at all.

Post: Separate checking account for each rental?

Mindi B.Posted
  • Real Estate Investor
  • Phoenix, AZ
  • Posts 33
  • Votes 9

I like the deposit slip idea, I never thought of that!