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9 January 2025 | 6 replies
Will all of your vendors take a credit card as payment?
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11 January 2025 | 15 replies
If it’s verbal, they’ll need to document any prior communication or payment records to establish the relationship.If the PM is completely unresponsive, they may want to send a formal written demand for communication and payments via certified mail.
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23 January 2025 | 7 replies
By house hacking, you're immediately positioned as a landlord, which will adequately pressure you to learn how to structure your leases, screen applications, collect rental payments, resolve the nuances of managing tenants and addressing property issues, etc.
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21 January 2025 | 8 replies
Also go through a servicing company for payments to the seller, escrow can probably help you out with a recommendation for that.
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20 January 2025 | 3 replies
I took no money from the cash flow (when there was any) and I never made a late payment to the bank.This fall, nearly 12 years after the bank gave me that house, and over 15 years after I knocked on that door - after evictions, vacancies, insurance claims, and never taking a dime out of it - I sold that house and placed all of the proceeds in a 1031 exchange.
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11 January 2025 | 12 replies
What property management software or tools would you recommend for tracking rent payments, leases, and maintenance requests?
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7 January 2025 | 13 replies
She can set up payments to be paid on the 1st of the month and no one is driving 24/7.
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10 January 2025 | 22 replies
I have to think this is not his software but a white-label offering.
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12 January 2025 | 12 replies
Generally, lenders will require you to have a substantial down payment.
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7 January 2025 | 3 replies
though; (1) there are tenants in the house on a two year lease (payments are enough to cover mortgage payments), and (2) the Seller wants the option to buy back the property in two years.