Daniel Borgenicht
Investing in a condo as a long term rental
13 January 2025 | 3 replies
Congrats on achieving a comfortable financial situation.Condos are actually riskier than single family rentals.
Ashley Snider
Hello! Starting on square one!
6 January 2025 | 11 replies
Prioritize your financial stability.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
Essentially, it was one account with the bank tracking individual tenant details on your behalf.That said, it’s critical to ensure your financial records remain accurate by reconciling the account on a monthly basis.
Jay B.
Dominion Financial Company
18 December 2024 | 16 replies
They literally went through each operating agreement and prepared an email listing out each member of each LLC and clarifying they each had to guarantee the loan despite the fact none of those entities were even being used for the purchase (which was previously explained to Dominion Financial).
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
And i found launch control but the minimum is $500 a month, but they use cross-referencing data across sources to find the most accurate contact information by using a person's name and address to find their phone number, real address and email by accessing public databases, phone number directories, credit reports, utility bils, public tax records, and social media profiles. this is waaay expensive for me as a beginner. what do you suggest or if anyone has any suggestion I'd greatly appreciate it.??
Evan C.
So is this how substitution of collateral (substitution of security) works?
2 February 2025 | 6 replies
So the first seller agrees to direct title to holds the funds and when you close on that purchase you record a new note for the first seller on the second home.
Christopher Morris
House Hacking in NJ
29 December 2024 | 23 replies
Success stories are happening every day, I have clients breaking record rents on house hack more so than ever.
Anderson S.
Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.
Zach Denny
Partial Seller Financing
9 January 2025 | 5 replies
Do you have other collateral, such as another income property or your personal residence (last resort) your seller could record their lien against?
John Lee
22, New to REI and looking to network and ask for advice
7 January 2025 | 20 replies
Provided I can establish a solid investment plan tailored to their financial needs/comforts such as debt ratios and income, they would be more than happy to offer me some financial control.Additionally, If I wanted to, for the sake of building my own personal wealth, I admittedly have the luxury of taking a loan from my parents.