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3 February 2025 | 8 replies
Quote from @Alana Reynolds: Does anyone have a file for a 30-day notice?
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10 February 2025 | 6 replies
Did your borrowers mention securing your investment with a recorded mortgage or deed of trust, personal guarantees, lender’s title insurance, or anything else?
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20 February 2025 | 3 replies
There are companies out there who will review a file for you (for a fee) and be able to tell you what was changed on the document?
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19 February 2025 | 17 replies
Most tenants pay using secure ACH transfers from their account to mine.
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18 February 2025 | 2 replies
It sounds like you’ve got a solid plan in place with the bank refinance to secure long-term financing.
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8 February 2025 | 3 replies
I completely agree with the importance of securing a good W2 job, living below my means, and investing in real estate early on.
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5 February 2025 | 4 replies
Certainly one account for each LLC, (separate for security deposits based on your local rules)
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4 February 2025 | 9 replies
Quote from @Gregory Wilson: A few things there, Brendan.First, an LLC with you as a member and your (wife, son, pal, etc.) partner as a 1% member will file a Form 1065 which is about one tenth as likely to be audited by the IRS as a Form 1040 with a Schedule E rental activity (which I presume you will attempt to show is an active business).Second, you want an LLC because when your local Alabama handyman drives his girlfriend's uninsured truck into a van load of U of A medical school interns on I-22 when he goes to get some shingles for your roof, on your business, you don't lose everything you have or ever will have to an uninsured claim.
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14 February 2025 | 3 replies
So far, I've reached out to a company called Lloyd Security who appear to be able to help with wifi surveillance and access panel.
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24 January 2025 | 0 replies
When I started, I submitted great deals to a corporate cash buyer, they went behind my back and secure the deals with the sellers, after the contracts expired.