2 October 2018 | 4 replies
Again I have a low paying job and live in a high priced area... so thats why I'm hoping to go this route than a hard money lender.If all of this goes as planned and I flip enough properties for a profit, all of my proceeds will be put into a savings account and used to buy an apartment complex at some point in the future.So thats pretty much it, before all this I thought about doing wholesaling but know its harder to get sellers to sign their homes to you and I've never been a good salesman either, let alone any potential legal issues with it... so I don't think that's the right path for me.Any input would be GREATLY appreciated!!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1014999/small_1621507535-avatar-kendricks5.jpg?twic=v1/output=image&v=2)
4 October 2018 | 15 replies
Pay yourself rent into your account for you can save that for maintenance or potentially your next property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1120540/small_1621509198-avatar-dakotao3.jpg?twic=v1/output=image&v=2)
1 October 2018 | 4 replies
Account ClosedThank you for your input!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1103424/small_1621508925-avatar-jeremyt55.jpg?twic=v1/output=image&v=2)
2 October 2018 | 4 replies
The next step is to wire the 3% Earnest money deposit to an escrow company with a wells fargo account.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/51525/small_1621411521-avatar-soldat.jpg?twic=v1/output=image&v=2)
2 October 2018 | 16 replies
She's lived there for over three months and hadn't set up her own utility accounts or paid her deposit.
24 April 2019 | 2 replies
It is a value created according to a government formula intended to reflect the true annual cost of borrowing, expressed as a percentage.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/811095/small_1621498263-avatar-brandonc140.jpg?twic=v1/output=image&v=2)
2 October 2018 | 8 replies
We figure we'll at least get close and we added a clause in the lease stating rent increases will happen annually with increased utility bills.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1054853/small_1621508163-avatar-frankw61.jpg?twic=v1/output=image&v=2)
25 October 2018 | 55 replies
All cost must be accounted for that days work that is being completed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1108820/small_1621509008-avatar-ericj180.jpg?twic=v1/output=image&v=2)
4 October 2018 | 5 replies
My current goal is to scale.I would like to send money from our personal account into our rental account on a monthly basis to let the cashflow and personal funds accumulate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/998015/small_1621507110-avatar-anitaw16.jpg?twic=v1/output=image&v=2)
1 May 2019 | 12 replies
I like that one of the owners Chris is active on BP so they are accountable in that sense.