Funding your account happens through a rollover, transfer, or personal contribution.

I have a prospective tenant that filled out an application.However I need some advice on qualifying this individual.The current rent is 3600The applicant is a family The Spouse doesnt work The main applicant gross W2 income is around $10000 monthThe monthly net income is $5700No car loan's No credit cards balancesThey pay $800 month on a personal loan.Since a rent check is written after net income is received.

Was the best decision i personally ever made.

I am gathering all my resources , first of all and listening to different videos but the price is very expensive for a person that doesn't have it.

I use Zillow to find tenants, conduct the background searches, and for rent payment.I use Stessa to track my portfolio personally (i.e.

Last time I looked the laws read In order to practice any kind of property management (applies to STR technically but is kinda gray area) in Alaska you need to be a licensed agent under a Broker unless you manage 4 or fewer units or if they are your personal units.

The person who recommended it to me has success with it here, I just haven't been able reach her lately

But in this case it might be worth doing.I could send you a handful of folks I talked to and know, including the person that did mine (although not sure they do sub $100k loans).

I'd recommend doing a little tax planning with your person this year to establish a timeline so you don't accidentally lose out on this by playing with timing a little.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.