Brian Washburn
Advice for investors on their first rental
18 June 2018 | 12 replies
Most people have the app nowadays and it's extremely convenient to transfer the funds into your bank account.
Aaron Millis
The Financing aspect of partnerships?
13 June 2018 | 5 replies
If the bank were to find out at a later point in time that one of the people was no longer on title or that ownership was transferred to an LLC they would be able to call the full note due.
Justin Klein
Accounting - Income Statement Question
14 June 2018 | 5 replies
Yes, technically the escrow is for taxes and insurance, but in reality it's a checking account.In the event that you refi your mortgage, that escrow balance comes back to you because it is essentially your money held at the mortgage holder's office.When I'm doing accounting, I transfer the escrow portion into a separate "checking" account.
Akshar Deri
What is the best way to Collect Rent
21 January 2019 | 12 replies
I also would suggest an online payment, I like using Cozy also, very easy to set up, but it does take a bit of time to transfer.
Leen Sha
Auto insurance policy might not be enough
5 February 2018 | 9 replies
In some cases transferring an asset to another name or entity may amount to a fraudulent transfer, exposing the person to additional liability.
Marty Summers
Purchased Duplex- Do I have tenants sign new lease?
9 February 2018 | 8 replies
The current lease transfers with the sale of the property.
Daniel E.
Can you email a nonperforming (NPN) borrower?
26 June 2018 | 8 replies
DefinitionsAs used in this subchapter --(1) The term "Bureau" means the Bureau of Consumer Financial Protection.(2) The term "communication" means the conveying of information regarding a debt directly or indirectly to any person through any medium.(3) The term "consumer" means any natural person obligated or allegedly obligated to pay any debt.(4) The term "creditor" means any person who offers or extends credit creating a debt or to whom a debt is owed, but such term does not include any person to the extent that he receives an assignment or transfer of a debt in default solely for the purpose of facilitating collection of such debt for another.(5) The term "debt" means any obligation or alleged obligation of a consumer to pay money arising out of a transaction in which the money, property, insurance or services which are the subject of the transaction are primarily for personal, family, or household purposes, whether or not such obligation has been reduced to judgment.(6) The term "debt collector" means any person who uses any instrumentality of interstate commerce or the mails in any business the principal purpose of which is the collection of any debts, or who regularly collects or attempts to collect, directly or indirectly, debts owed or due or asserted to be owed or due another.
Nathan Gesner
Where are the crypto-currency millionaires?
1 July 2018 | 8 replies
Being able to use blockchain for various RE uses and/or money transfer activities is still unchanged as a thesis.
Onyedika On
Property Manager Woes
20 November 2021 | 12 replies
I recommend you wait until the eviction is complete before transferring to another manager.
Jonathan James Look
Is there a Property Title Transfer Service?
21 April 2019 | 15 replies
I am looking into transferring title of a REI property I just purchased into a yet-to-be-created LLC.