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7 July 2024 | 28 replies
I think ach works best for both parties so getting low cost ach makes sense.i went with apartments.com then got a tenant who wants to pay cash and only communicates via text.
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8 July 2024 | 20 replies
I utilize a personal financial statement accompanied by a schedule of real estate owned document via an excel model.
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4 July 2024 | 1 reply
This is in a small town that I own and operate other rentals.I am a bit nervous of the type of renters that are in these deferred maint properties currently but see big upside if properties are restored, Partialy because all are within 1/10mile and many property boundaries touching the community college.
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8 July 2024 | 17 replies
However the PM (LSI) did not have a local office, but they had a payment plan via CVS Pharmacy where the tenant could pay cash at CVS, I know it sounds crazy.Also, as I questioned the PM, the ledger changed.
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10 July 2024 | 112 replies
I've looked into some franchising and/or small business via the SBA loan but I keep coming back to RE like others have mentioned.
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8 July 2024 | 20 replies
With rental properties (assuming your using leverage), you receive the benefits of increasing equity (forced savings via mortgage reduction), ability to lend against the asset, tax benefits, depreciation, cash flow, and possible appreciation to name a few.
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6 July 2024 | 12 replies
Once the job is completed, pics are sent to me, they send me an invoice and I pay via their preferred method.Best of luck!
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4 July 2024 | 11 replies
Hi all,Been a BP pod listener for the last few months and am pushing myself to be more active here as well. Getting a bit tired of my current job (first out of college) given the demanding hours and really motivated t...
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8 July 2024 | 27 replies
My reason for NOT doing that LLC quitclaim is that in 10 years when I am sitting on a ridiculously low rate from 2015, the bank that has NEVER called a loan due in the past MAY change their minds if the current interest rates have returned to historical norms.For those reasons, some choose to purchase in their own names and protect via both leverage as well as liability limits as well as umbrella policies (and not LLCs).
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5 July 2024 | 2 replies
I know you say swap, but the swap is accomplished via two sales.