.$35 for app, $2 for ACH rent deposit.

Investors/Partners: Build a network of partners for joint ventures, sharing risk, and increasing buying power.5.

Whether it's seller financing, hard money, or joint ventures, let’s share some ideas and experiences on what’s working best for different types of deals!

Hello Community,I have a tenant who wishes to set up automatic reoccurring ACH payments on the rent for their unit.

@Lia Veit  Maybe Try joint venture for the first few flips with investors on this board whom you can meet at meetups and then you can have better idea of how REI works

I know there are a ton of features I don't utilize personally, I mostly use it just for tenant application and screening process, and then for rent and fee collection In my personal experience here's my pros and consPros•Had a template for screening questions on the application so I didn't have to think of things to ask myself•Handles rent collection easily and for only a $1 fee to my tenants for ACH transfer which makes it easy for both parties•I can set up all rent and fees at the beginning of a lease term so it's set it and forget it for me•My tenants have said setting up auto-pay was easy and I like to make it as easy as possible for them to pay me!

JV (joint venture) with someone to show you the ropes and then split the earnings 50/50.  

Some lenders might allow you to add renovation costs to the loan to help you finish the project and avoid a loss.Explore Other Financing Options: If your hard money lender isn’t flexible, you might consider private lending or even a joint venture with another investor.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

My leases make tenants "jointly and severally" responsible.