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24 April 2020 | 125 replies
But your original post touts how you veered off the PROVEN PATH that Dave Ramsey lays out and you're going to get back to this safe and proven way.
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30 March 2020 | 3 replies
2 - How do I get an inside track to deals?
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30 March 2020 | 7 replies
I'll only rent to someone (as usual) that I deem to be able to pay the rent.I am lucky that I don't have mortgages on any of my long term rentals so I have the ability to help out my tenants short term or even forgive some rent to get back on track.
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26 April 2020 | 11 replies
I had no idea about tracking expenses or book keeping, so I simply did not.
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27 April 2020 | 6 replies
@Max RievesIt doesn't sound like a single member LLC if you have other members who are investing capital.Regarding multi-member LLC's, you want to keep track of everyone's basis, which includes contribution, share of profits/losses and distribution.You may also have a requirement of issuing a K-1 to each investor.
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4 June 2020 | 4 replies
Here’s the short version of their email:-We are open for business and are on track to fund over 500 loans in March.
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30 March 2020 | 0 replies
I just completed the five year renovation so this income is not yet proven (and COVID-19 will hurt this year).
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30 March 2020 | 2 replies
Is there a way to track how much each unit consumes each month?
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1 April 2020 | 5 replies
Unless you have a track record and understand what's involved in putting together a syndication, this probably isn't a good idea for you.There are significant up-front costs to set up a syndication.
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1 April 2020 | 8 replies
I would also recommend establishing a "buddy system" to keep you both on track.