Aaron Hale
MHP development and proper plot size...
24 April 2019 | 5 replies
I am interested in investing in MHPs but haven’t yet done the research in this area of REI. While searching for other potential investment properties I came across a listing for three mobile homes, two rented and one ...
Kyle Wilson
Any Self-Directed IRAs Horror Stories?
25 April 2019 | 2 replies
If someone does not read the instructions or call for help, they get what they create.All IRA horror stories have one common root - failure to educate oneself on the process.This can stem from several sources:Plan providers that focus on marketing, not education.Plans that do not come bundled with access to quality ongoing support.Investors who just think of this as "an account" or "a pile of money" and do not respect the fact that with the freedom to take more control over their investment portfolio comes a responsibility to be aware of and operate within the rules.For investors who take the time to be properly educated and work with a quality provider, there is very little risk.
Steven Zai
Promissory Note with 15% return
21 February 2020 | 15 replies
I doubt a bank would want to loan him money second to your mortgage unless there is plenty of equity in the property.If your note and mortgage are properly worded, you shouldn't have any concern about enforceability.
Mike A.
Taking property management in house
25 April 2019 | 5 replies
The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.
Cynthia DeLuca
Accounting help to allocated expenses to each property-
8 May 2019 | 19 replies
I was only saying I don't have your scale so maybe I'm solving an easier problem; I have 8 properties, 31 is impressive, congrats :)I've only scanned this thread but it seems you know what you're doing and are set up properly with classes in QBO, so I'm not clear on what problem is left for you to solve.
Jason L.
Outgoing Tenant Not Cooperating with Letting Us Show Their Unit
27 April 2019 | 24 replies
If it was the PM then I think you shouldn 't make her make a copy, but go for the changing the locks plan and have a proper notice and maybe even compensation like a gift card or thank you letter.
Felix L Perez
Problems getting another house
26 April 2019 | 5 replies
So make sure you vet them properly and know your numbers cold.
Deb R.
Is a home warranty a good idea / necessary?
29 April 2019 | 12 replies
Terrell Garren all insurance seems to be partly a scam anymore, with them expanding beyond emergencies to covering less emergent issues but not doing it well, I wish there would be more maintenance plans that inspect and catch issues early than cover failure but I guess that is what I have to set up for myself.
Kyle Wilson
Get under contract first, then find hard money?
24 April 2019 | 1 reply
As a newbie looking to do my first BRRRR or Fix & Flip, I'm realizing I'm not sure what the proper protocol is with regards to lining up cash for the deal first (hard money) vs getting a deal under contract first, then securing hard money.
Account Closed
BEAT USE OF 100K CASH?!
16 August 2019 | 4 replies
With no one properly trained and no one tied to the bottom line of the company, the staff generally stopped working and caring... with the exception of the inflated work orders to compensate for the uncollected rents.