Dominick Hayes
Finally!!! A place where I belong...
30 April 2015 | 15 replies
It enabled me to save for the multifamily that i am closing on in the next 2 weeks (putting 100k down).
Jim Zatko
When to get a property manager?
8 February 2016 | 49 replies
It enables them to stay in the game while maintaining their sanity and doing other things.
Laura Guy
For those that "haven't been affected by eviction moratorium"
16 September 2021 | 77 replies
Procure energy efficient materials.
Adam Zach
How Many RE Investors are Engineers?
28 April 2022 | 684 replies
I hope to have the opportunity to work with a BRRR investor in the future and potentially help with analyzing the deal and getting contractor quotes ( I was a Procurement Consultant in my past life :))
Account Closed
Transferring property from an single-member LLC to yourself
15 June 2020 | 20 replies
I want to start rehabbing homes, I thought the safest way would be to start an llc, procure the funds do the rehab then sell to myself at ARV, since we're also in the market for a house and pre-approved through a lender.
Brie Schmidt
HELOC payoff strategy
25 January 2019 | 329 replies
With using the heloc it enabled me to still have access to that extra payment I was making in the event I needed it while still be able to pay my mortgage down earlier.
Cory Damon
$30k Cash: Pay down mortgage or use to invest?
25 August 2015 | 33 replies
I don't mean to come off as rude...I just may be missing something.It's not like if you paid down your note by $30,000 your mortgage payment would go down...you would just be taking a couple years of the procurement of the loan.
Dee Bral
For Self-Managing Landlords, What Accounting Software do you Use?
16 January 2022 | 2 replies
Then, when a rent payment is made by I tenant through Rent Redi, it is also automatically synced in Stessa since it’s linked to the bank account where I received the money.See some info attached and let me know if you have more specific question.Note on application comparison: This comparison was made in May of 2021, so it’s possible that features and costs have changed on specific apps.
Benjamin Manibog
Paying For Mentorship Programs
2 September 2023 | 200 replies
We learned about procuring investment capital, acquisitions, REI negotiations, inspections, repairs, dealing with contractors, rental contracts/agreements, being a landlord, finding a good tenant.
David Ward
Are wholesalers unlicensed brokers?
14 November 2015 | 56 replies
Code pt. 1450, govern the business of real estate brokerage in Illinois.The Act, as amended, defines a real estate “broker” asan individual, partnership, limited liability company, corporation, or registeredlimited liability partnership other than a real estate salesperson or leasing agentwho, whether in person or through any media or technology, for another and forcompensation, or with intention or expectation of receiving compensation, eitherdirectly or indirectly:(1) Sells, exchanges, purchases, rents, or leases real estate.(2) Offers to sell, exchange, purchase, rent, or lease real estate.(3) Negotiates, offers, attempts, or agrees to negotiate the sale, exchange,purchase, rental, or leasing of real estate.(4) Lists, offers, attempts, or agrees to list real estate for sale, lease, or exchange.(5) Buys, sells, offers to buy or sell, or otherwise deals in options on real estate orimprovements thereon.(6) Supervises the collection, offer, attempt, or agreement to collect rent for theuse of real estate.(7) Advertises or represents himself or herself as being engaged in the businessof buying, selling, exchanging, renting, or leasing real estate.(8) Assists or directs in procuring or referring of leads or prospects, intended toresult in the sale, exchange, lease, or rental of real estate.(9) Assists or directs in the negotiation of any transaction intended to result inthe sale, exchange, lease, or rental of real estate. (10) Opens real estate to the public for marketing purposes.(11) Sells, leases, or offers for sale or lease real estate at auction.