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23 January 2025 | 5 replies
From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.
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14 January 2025 | 1 reply
If she is getting close enough to thinking that there will be an income disparity, she will stop at nothing to compel my husband to provide income documentation.All finances are joint except for the rental, which I keep rents for in a separate checking account and track spending for.
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7 January 2025 | 5 replies
We always give a 60-day non-renewal when they are an annual tenant.
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20 January 2025 | 7 replies
It is important to take into account the future of your investment.
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16 January 2025 | 7 replies
Fortunately/unfortunately I don’t have any Facebook or other social media accounts.
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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.
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21 January 2025 | 20 replies
Expect to see more brokerages reduce their fees for listing real estate as they move towards fee models that not only recognizes but accounts for the role technology plays.
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12 February 2025 | 9 replies
I would calculate my numbers by putting every dollar from the rent into my RE account.
14 January 2025 | 7 replies
Account Closed It will only show on your credit report if the person who is holding the notes goes to a servicing company so it is recorded.
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15 January 2025 | 14 replies
Quote from @Matt McNabb: I'm a solid $400k/yr job in NYC and have $250k to begin investing as my first step into building a portfolio, although I don't have time to be a landlord so I have to account for management fees.