Jemini Leckie
Out of State Cash Flow
17 January 2025 | 9 replies
Managing from afar can be done on single family homes with a few properties, but you'll still need a solid leasing agent and handyman which can sometimes be hard to find.
Chris Kittle
Wyoming LLC Set-Up and Recommendations
30 December 2024 | 10 replies
If someone injures themselves and sues, they will be suing the LLC and not you personally.
Xavien Rafael
How to Build Business Credit Without Impacting Your Personal Score
13 December 2024 | 2 replies
I also use business lines of credit from banks, but for this banks definitely want to see revenue (usually 5-10x the amount of a mine they will give you).It is important to remember though that just because these lines and CCs are not immediately reported on your personal credit report, if you miss payments or default you are personally liable and the debtors will add it to your personal credit report.
Francis Van Steen
Anyone have experience working with Praxis Capitol
31 December 2024 | 14 replies
But if you're willing to take a tiny leap of faith, I think the returns are solid, the diligence and the integrity are there, and the states/markets/submarkets and the asset class are thumbs-up.
Devin James
Do you prioritize equity growth or cash flow in your investments?
5 January 2025 | 18 replies
Adding value to a property and then either selling or refinancing to pull your capital out is a solid way to build momentum, especially if you're okay breaking even on rental income.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
Ask for higher security in person have them back out on their own if they still want the place you will be safer with more security
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Sathya Priya Sampathkumar
How do you decide on the location for rental investment with good cash flow?
6 January 2025 | 8 replies
i'd pick a market close by, or that you have a personal connection to, or that you visit often.chasing cash flow by itself can lead to negative outcomes - for example, these investors bought in supposed "cash flow" markets:https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1137397-balti...hope this helps.
Wesley W.
Lease up prospective tenants whom have not given proper notice to current landlord
25 December 2024 | 3 replies
.: It's not an issue IF their lease is scheduled to expire.My personal practice: when a tenant submits an application, I let them know I intend to contact their former landlords.
Grace Purugganan
Help! Out of State Investing in Ohio
17 January 2025 | 8 replies
Hey Grace I may be able to point you in the right direction for DSCR lenders and some solid property managers in Ohio.