
24 July 2024 | 4 replies
I hear great things about Innago personally, but I use Baselane for a rent collection/banking/accounting.

26 July 2024 | 14 replies
At a crossroads now as to whether I should try to find someone who I can at least list as project manager (I have no clue if they actually would be contacting this person regularly or require really anything from them) or if I should just use a lender with less stringent requirements but that will require at least 10% of purchase as a down payment.
26 July 2024 | 3 replies
In my operating agreement for LLC B, I specifically state the managers/members of LLC A have full authority to make decisions, execute contracts, etc, but there is no explicit personal info listed for LLC B.
27 July 2024 | 2 replies
If you have loans on these with personal guarantees that also have your name on them then your two options really are sell the assets or buy them out -Which typically if it’s contentious will require 2-3 valuations - each party should get their own and if the numbers are not close then get an independent third party and average the numbers.

25 July 2024 | 7 replies
We use a commercial mortgage broker for all of our loans and we ended up getting a bank loan on this that was slightly better than Freddie/Fannie at the time.

27 July 2024 | 5 replies
That is a very devastating position to be in.Before you sign anything, have an attorney look over the agreement and explain it to you.You want to ask the "buyer", "what is the name of the person that will take title",(if they are not taking it into their name or entity, it is a wholesaler.

26 July 2024 | 18 replies
yes, i knew the work part. just wanted to understand the staying in it even if paying full price. not a deal breaker for me, just need to figure out where to roll my money into to use it The IRS says you cannot get personal benefit from the investments.

26 July 2024 | 14 replies
I feel this house is on the early end of revitalization.I also reached out to the hospital to try and connect with their travel nurse housing person, as well as a rural med school that sends med students to this hospital for their yearly rotations.

25 July 2024 | 18 replies
cant quantify how many props I look at each market is different and since I buy land and personally looking for income property..

24 July 2024 | 11 replies
Those expense accounts need to be paid with funds from the corresponding property and its bank account.