Christian Solis
Choosing my business entity
1 February 2025 | 5 replies
You can set it up yourself at www.sunbiz.org , which is the website for the State of FL Division of Corporations.
Nicholas Jackson
Prequalify possible applicants for my rental RentRedi
1 February 2025 | 3 replies
I have been referring the people to the prequalification form that RentRedi uses prior to setting up a viewing.
Byron Umana
How to Maximize Your Airbnb Income: Tips for New Hosts
26 January 2025 | 7 replies
Set up a basic system to manage your listing, update it monthly, and always ask guests for feedback—and don’t forget to casually ask for that 5-star review!
Arron Barnes
Anyone using RentRedi for rental payments? Good or bad?
19 January 2025 | 17 replies
It's easy to set up and use.
Elizabeth L.
Has anyone had a successful tenant eviction in Union City NJ?
21 January 2025 | 6 replies
See who represents owners frequently in your jurisdiction and get set up with them.
Zach Howard
LLC - many questions, please help!
12 January 2025 | 2 replies
LLC offers better legal protection.3) Setting up in states that allow your identity to be hid is also overblown.
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.
Carlos Silva
Velocity Banking for paying off mortgages
13 January 2025 | 19 replies
I will give you my numbers since we are 3 years into Velocity Banking.Home was purchased at $410k.Interest rate: 3.125%30 year termMortgage payment is around $1950 (includes insurance and property tax)HELOC: 8.25% Variable rate - current rateCredit Limit: $97kLet's say I made $10k a month and our expenses were $6k each month including the mortgage.
Sarah Rilling
What Questions To Ask When Joining A Mentorship Program?
24 January 2025 | 3 replies
Why ask: If you’re not going to be a full-time investor or professional, it’s important to ensure that the mentor works with people who have similar schedules and limitations.11.
David F.
Co-op appraisal valuation
24 January 2025 | 9 replies
@David F.As Russell mentioned co-ops are probably 1/2 the price of a condo and you would also have extensive costs to set up a co-op and typically it’s my understanding the builder funds the first 1-2 years of reserves.