
20 August 2024 | 10 replies
There will also be accounting/bookkeeping that will need to be done for the LLC, you may have to pay for that also, as well as a corporate kit.Or You could wing it and try and do it yourself, if you think you know enough to make a good decision without expert help.Good Luck!

19 August 2024 | 2 replies
I knew I needed to become an expert in order to get the right investors and build my reputation.

22 August 2024 | 10 replies
Its location at the end of the metro line makes it extremely accessible, and I wouldn't be surprised if down the line there are future expansion plans that direction.

20 August 2024 | 2 replies
This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.

21 August 2024 | 7 replies
Congrats on your success, that's absolutely amazing and extremely unique, especially spending college nights working on your properties!

20 August 2024 | 4 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

20 August 2024 | 8 replies
Hey Sam,My understanding that once you close on the replacement property, you can do whatever you want.Double check with a 1031 Expert.Â

21 August 2024 | 17 replies
That said, to give you an opinion on them without knowing a thing of them wouldn't be fair but I AM very disappointed with ALL the mentors and gurus out there to pretty much know how to talk and hype you up but provide zero actual value.What most of these "experts" do is they know how to talk to your desires.

19 August 2024 | 4 replies
I heard experts from YouTube say +-200 sq ft is how you find a comp for a subject property.