Katie Haman
Home Health Employees and house hunting
19 September 2020 | 3 replies
Clearly we see the insides and there are many homes I think, hmmmm...this might be a good one but also not trying to prey on vulnerable people or something, since I know their situation pretty well.
April Thrasher
Building out a support team
7 April 2023 | 5 replies
I am now acutely aware of how vulnerable you can feel being a out of state investor.
Lynne Garris
Can you do prison time for wholesaling
3 April 2023 | 12 replies
More and more judges are looking at this as a predatory practice that takes advantage of the most vulnerable of the general public, namely the elderly and the disabled.
Jason Malabute
MY THOUGHTS ON SILICON VALLEY BANK COLLAPSE
22 March 2023 | 305 replies
Your bank, where you have your money (if you have your money in a bank), is also entirely vulnerable to a run.
Joel Florek
Rural Multifamily, who is doing it?
22 April 2022 | 101 replies
Yes and no; we have seen some fairly decent sized cities become very vulnerable in a hurry.
James Thomas
My first property (CA) closed, Seller says she's not leaving
29 May 2021 | 103 replies
It works wonders for an inflamed mouth...;) Thanks for your post.
Ryan Morlino
How to structure bank accounts and business vs. personal
28 February 2017 | 10 replies
Ryan- I am currently operating my LLC as follows:All income gets deposited into the LLC checking accountAll business expenses get paid out of that same checking account (online bill pay)Since it is a credit union, I can create sub accounts ("share"accounts- individually numbered savings accts) under the main accountAt the beginning of the month, I online transfer set amounts out of the chkng acct into the "tax", "insurance","heat/misc" share sub accountsSince chkng accts are vulnerable to outside influence (counterfeit check, invalid ACH withdraws), I sweep excess funds into a separate share acct I do an ACH transfer of my monthly draw into my personal chkng acctThruout the month, i'll reverse sweep funds back into the main chkng acct for bill paying as needed.When the "funds sweep" holding acct gets too large, I transfer funds out of the LLC into a personal savings acct (the thought here is that my rental activities are far more susceptible to a lawsuit than my personal life.
Mel Park
Anyone do their own property management?
26 January 2022 | 45 replies
When you hand over the keys to your house you become very vulnerable to people who may not mean well.I am starting to use property management because the type of tenant that I am finding now are not the same type of people that I was able to easily rent to for all those years.
Jingru Sui
Anyone doing the rental arbitrage model?
9 March 2020 | 90 replies
They are very vulnerable to losing it all and having to take years to get out of that hole.So, bottom line is in your rare case, you could take the hit if/when it goes south.What I would do it take a look at cities that have setup solid regulations already.
Elise Bickel Tauber
What homeowners don't understand about wholesalers
27 February 2023 | 13 replies
Its not a markup issue its first and foremost a "targeting of the vulnerable" issue, along with a business model that allows for extremely unscrupulous behavior.