
28 May 2024 | 5 replies
If you just want to buy rent ready properties and start collecting rent I would caution that you don't over leverage as you will only increase your cap ex spending all while eating into your cash reserves/equity.

28 May 2024 | 26 replies
Also (very important) when STR online portals (Airbnb/VRBO etc) will collect tax and send it to your local govt along with the address for which it was collected.

27 May 2024 | 9 replies
How else will you be able to possibly pursue collections without SSN, job & bank info?

27 May 2024 | 1 reply
So I am seeking advise on platforms to advertise the units, how to vet potiential tenents, how to create a lease agreement, how to collect rent, and any other helpful tips/advise that anyone would have.

27 May 2024 | 2 replies
If the properties are split into an LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

27 May 2024 | 4 replies
I would rather focus on the details of the credit report (such as collections and delinquencies and nature of those issues).)

26 May 2024 | 6 replies
My understanding is that assuming that one has no debt other than the mortgage for the first househack, it is calculated as(PITI1 + PITI2) / (Monthly Paycheck + 0.75*Rent1 + 0.75*Rent2)Rent1 is the total rent collected from the first property assuming that you have moved out and have fully rented it, and Rent2 is the rent collected from the other units in the new multi-family property that you want to buy.Is this correct?

30 May 2024 | 63 replies
Remember, how old you are doesn't matter – with smart planning, learning, and smart choices, you can build up a real estate collection that makes money and fits what you want in life.Good luck!

26 May 2024 | 7 replies
They may collect enough extra ent to pay for themselves and give you a better selection of tenants.

27 May 2024 | 20 replies
I want 30 houses paid off and collect that check.