
13 December 2024 | 9 replies
A turnkey provider usually buys the property, renovates it, sells it to you, and then manages it for you.

14 December 2024 | 11 replies
Watch out for the name Eric Lee as well as the company Sowae Corp and be careful not to do business with him or provide your personal information.

15 December 2024 | 10 replies
The best part is that you are making a positive impact on your providing housing for those who would not be able to afford living in said neighborhood.Managing the property and members are things the entire PadSplit team is good at.

17 December 2024 | 9 replies
I generally only use the anonymized email provided by the websites.

17 December 2024 | 42 replies
You can provide a loan modification approved by the bank to be accomplished immediately upon the purchase of the note, this, along with the waiver and request for the sale by the borrower takes the bank's liability away selling a note to a non-banking/mortgage broker type buyer.

15 December 2024 | 12 replies
Either1) your startup takes off and you can distribute profit fast enough to pay off your debts, or2) you find another source of $100,000 a year (which barely even starts to pay down the $300k, but might provide a better chance for a better loan), or3) you BK and possibly lose the rental houses to creditors (hopefully not, but we don’t know how they are held), or 4) you sell the houses, take the tax hit, work with the IRS on a payment plan whose interest will be much lower than your CCs, and focus on the startup.

17 December 2024 | 14 replies
Lines of Credit: Business lines of credit can provide quick access to funds for various project needs, offering flexibility in managing multiple deals.

14 December 2024 | 22 replies
For those who are unfamiliar, PadSplit is an affordable housing tech startup that provides a house-sharing service for working people.

18 December 2024 | 5 replies
In the Reno market, we have access to hyper-localized and up-to-date rental data and local knowledge of different areas, providing a more accurate picture.Remember, buying real estate is a liability until you sell it, at which point it becomes an asset.

18 December 2024 | 25 replies
Did the book provide enough information to get started such as contracts, tax liability information?