6 January 2023 | 3 replies
I am here for networking with other likeminded individuals.
9 January 2023 | 2 replies
The loan officer said that we need to talk to our CPA about property purchases in the future and make sure from a tax/accounting perspective that later we would not run into issues on an individual level for personal property purchase and loan qualification.
2 November 2022 | 8 replies
A separate trust account is used to keep tenant security deposits in the clear.With regard to multiple property owners, your accounting software should be set up so that you identify each individual property, and, along with your chart of accounts for items such as property tax, management fee, insurance, plumbing repairs, rent, late fees, etc. etc. you make entries to the proper accounts.
22 February 2022 | 27 replies
I may reach out to some of you individually as well since you have been so nice to offer help.My goal is to not have to work a regular 9-5 job as soon as that can be possible, which may very well still be years away.
21 February 2022 | 16 replies
As home prices rise and interest rates rise (even if nominal and still below historically numbers), individuals budgets are being maxed out and they are forced apartment rents.
2 July 2020 | 14 replies
A conventional loan is to an individual.
11 June 2020 | 4 replies
HELOC's are just products of the individual banks that offer them, so each lender can come up with their own rules.
9 November 2022 | 11 replies
@Micah LeestmaNo, you will not be able to get conventional, agency debt on an individual MH.
20 April 2020 | 2 replies
Are you buying it individually then finding a lender who will transfer the mortgage to your LLC?
27 April 2022 | 1 reply
A lot of individuals have started jumping on the real estate investing bandwagon, we have new investment groups eating up large portions of investments, and we have the AirBnB increase.There are still deals, but you'll have to work harder to find them.