Brandon Brock
Eddie Speed Note School
7 December 2024 | 150 replies
Ownership does not transfer to the Mortgagee unless this step has occurred (in this process path) and no bidder shows up at that auction outbidding the minimal reserve given from the Mortgagee.
Sarah Moore
Crazy Idea to get started. What do you think?
24 November 2024 | 19 replies
This PM will be trusted with the accounting, collection, and transfer, of tens of thousands of your dollars, or more.
Emily Poerio
Bank Accounts / Cash Flow / CC - best operational structure flow of funds
15 November 2024 | 7 replies
Changes some of my answer below, but here would be most of the types of transactions you would have in these accounts and between them.Property transactions would be: all property specific rents and expenses, allocated expense transfer to the master LLC and transfers to master LLC bank account for profit AND/OR property management fee.Master LLC transactions would be: Shared expenses going out, reimbursements/transfers from properties for their allocated share of those expenses coming in, the transfers from your properties deemed as profit AND/OR property management fee and then transfers to your personal accounts deemed as owner distributions.Other transfers that could occur is if the master LLC needs to transfer to the properties for capital expenditures above and beyond the reserves you might leave in their accounts.
Alexander Zeisberg
Look at title before close?
15 November 2024 | 4 replies
Quote from @Matthew Drouin: @Alexander Zeisberg do title companies handle the transfer of title of MH in your state?
Erol Shashaty
Real estate friendly bank
14 November 2024 | 22 replies
Given your need to avoid personal guarantees and collateral, consider the following institutions:KeyBank: Headquartered in Cleveland, KeyBank offers a range of commercial banking services and has experience with international clients.
Madelyn Felix
Remote property access and cameras for self-guided tours?
20 November 2024 | 23 replies
@Madelyn Felix we used to use ShowingHero, but moved on from them to ShowMojo, due to ShowMojo offering keypads in addition to lockboxes.We've pretty much flipped to keypads as too many keys go missing from lockboxes or get locked inside the home.While ShowMojo offers a service for tenants to use their keypads after movein, we remove the keypads when a home is rented and transfer to next vacant property.PRO TIP: only use keyed deadbolts for occupied rentals!
Brad Herb
Syndication using SDIRA $
19 November 2024 | 11 replies
Additionally, you could not move your Roth IRA funds into a Solo(k) because for some reason unknown to even the Department of Treasury (I asked them) Roth IRAs cannot transfer into the Roth bucket of a Solo 401(k).
Marc Chale
Tenant Ready to Settle Debt Following Eviction
16 November 2024 | 2 replies
If they can't do a money transfer directly to your bank, have them send a certified cheque using registered mail and signature required (they could send it to your work if you don't want to use your home address).
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
My advice above was assuming you're renting to students without sufficient income.You'll need to determine your comfort level with international students and not requiring a guarantor.
Marc Shin
any buy foreclosed properties through Federa Inc?
14 November 2024 | 5 replies
Now I'm trying to get my money back, transferred back into my bank.