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14 November 2024 | 19 replies
I used furnished finder and keycheck to find tenants, screen them, and collect rent/security deposits.
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12 November 2024 | 18 replies
You can fairly collect some form of compensation for being the managing member.
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9 November 2024 | 6 replies
I also like how I know these properties much better than our properties that I’ve never lived in, making them easier for me to maintain, and while we’re living there I can “tenant-proof” them.
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10 November 2024 | 10 replies
You will need their ID if things go sideways and you need to put them into collections.
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7 November 2024 | 6 replies
You have to explain it to the listing agent who doesn't get it, who then sends that to the seller, by telling them it's not that you have no money, but this is a right afforded to you based on your service to the country and you can also show proof of funds that you have money, but are choosing not to use it as a downpayment because you want to do reno with it.I would use your VA, that's what it's there for.
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11 November 2024 | 14 replies
Just like you, she can do RE as a side gig and learn a lot more while she keeps her own nest egg going and her lendability strong with a regular job.You should loop her into a major document with all of the properties and all of the profit and loss and go through them one by one and talk about whether to sell or keep, and also base it on geography for her and your collective choice of management.
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13 November 2024 | 24 replies
Check this out to learn how to intervene before collections become an eviction issue. https://www.padsplit.com/help/article/how-can-i-prevent-a-me...
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8 November 2024 | 19 replies
They may pay what is owed, or I may have to send them to collections and get it the hard way.
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11 November 2024 | 16 replies
We ensured every home had a wide collection of quality cookware, spices, coffee, etc.
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5 November 2024 | 2 replies
As for DSCR loans, they do tend to close quickly, and most lenders will require proof of funds to close.