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27 January 2025 | 1 reply
All buyers and sellers of rental real estate should require Tenant Estoppel Letters in their contracts.
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14 January 2025 | 2 replies
We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.
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12 January 2025 | 8 replies
When an individual landlord prices their rental, they do based on what the other ones in the neighborhood have rented for.
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22 January 2025 | 13 replies
One of my wholesale lenders used to be willing to finance these, I can't remember the CLTV requirement of the top.
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19 January 2025 | 8 replies
Additionally, add in the ambiguity/risk of the due on sale clause or ramifications on the conventional loan of transferring the property from your individual name to an LLC - the economics don't make sense, and the headache isn't worth it even if it did, in my opinion!
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28 January 2025 | 8 replies
Additionally, involve a real estate attorney to ensure the transaction aligns with legal requirements and protects both parties’ interests.
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20 January 2025 | 5 replies
No personal income or tax returns are required.
12 January 2025 | 10 replies
Just make sure you set up a LLC to rack up the required experience.
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6 February 2025 | 10 replies
Success in this field doesn’t happen overnight—it requires years of strategic investing, continuous education, and persistence.The key is to focus on growing markets, quality neighborhoods, and building a strong support team.
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22 January 2025 | 5 replies
FHA loans require living in the home as your primary residence for 1 year after purchase.