Plus, no one other than your accountant (hopefully an investor-friendly one) should be advising you on all of that.

Audible has been my best friend and I’ve gone through a few of the newbie reads like Richest Man in Babylon, Rich Dad Poor Dad, and Cashflow Quadrant.

Hi, I did private lending to one of my friend , he mortgaged his investment property as first lien with me.agreement was that he will pay interest monthly, and he was almost regular on that.in July that property got  deadly fire, in August beginning he paid my interest for July and didn't mention anything about fire.today, he called me  and told that he wants of pay off(but he didn't pay last month's interest).I said OK start processing for payoff, but pay me last month's interest asap, then he told me that house went on fire and he is hoping to get insurance money and then he will pay, he has no money to pay interest .Now, my concern is should I wait and watch or I need to take some pre-action to make sure that I get insurance money since I am on first lien.That was my first ever lending :-(. 

I also am lucky enough to be friends with a person who owned 10 rental properties in this city in the early 2000's.

Can anyone provide any good REI friendly contractors that maybe they‘ve used before?

Stessa is really user friendly, although I had a couple issues linking bank accounts that had more than one account number under the same login. 

I’m Lizzie, I live in the Bay Area and am sipping my toes into the real estate investing world - I have a friend in Seattle who is a successful wholesaler and suggested I look into it.

Hi, I did private lending to one of my friend , he mortgaged his investment property as first lien with me.agreement was that he will pay interest monthly, and he was almost regular on that.in July that property got deadly fire, in August beginning he paid my interest for July and didn't mention anything about fire.today, he called me and told that he wants of pay off(but he didn't pay last month's interest).I said OK start processing for payoff, but pay me last month's interest asap, then he told me that house went on fire and he is hoping to get insurance money and then he will pay, he has no money to pay interest .Now, my concern is should I wait and watch or I need to take some pre-action to make sure that I get insurance money since I am on first lien.

That is one of the ways I could go if I invested somewhere that had too much travel expenses where I would not incur many travel expenses that I would have to have otherwise.That way a Turnkey company or friend that lived there would typically have finance and contractor connections that are local.

Hi Will,Make friends with your local bankers and coop folks.