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4 June 2021 | 12 replies
Most property management companies do all your accounting for you and send you reports and direct deposits into any account that you prefer if you go that route when you add in more doors.On a side note, It depends on your state as to how your rents and security deposits are kept, so good to check the statutes out an dmake sure you adhere to their guidance.
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7 June 2021 | 14 replies
@Masood Amin it’s essentially a partnership of multiple investors who pool their resources togetherto pursue an endeavor that they themselves could not, or would prefer not to do themselves.There is a Sponsor or General Partner for the project, who is the activeinvestor puts the deal together and is responsible for executing the business plan, and thenthere is a group of passive investors, the Limited Partners, who contribute capital in exchangefor equity in the project.
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9 June 2021 | 6 replies
The city inspectors will look over their work and make sure they did everything correctly thus giving you the assurance you got the job done correctly without having to know anything about plumbing.
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4 June 2021 | 4 replies
In reality, if you find someone on BP that has thousands of posts and a boatload of votes, I can assure you that person knows what they're talking about and can guide your loan to close.
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5 June 2021 | 3 replies
Any local PMs you have had success with (you can message me directly if you prefer).
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19 June 2021 | 7 replies
So as far as hard money lenders go, I've been quoted as low as 7% interest (this changes daily), and they would even use the equity in my first home for the down payment on my 2nd property, this however is a last resort for me as i would prefer less risky financing.
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3 June 2021 | 0 replies
I do plan on selling from time to time as a secondary source of income.Some of the things I'd rather have is:Little to no desk fee (I prefer to work remote)Low monthly brokerage feeGood support & mentoring when neededThanks!
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4 June 2021 | 3 replies
I prefer to email because I don't want to surprised someone with a call.
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10 June 2021 | 76 replies
Not that i wont add debt , but my goal is to minimize my debt as much as possible , i would prefer to be debt free if possible , its much less stressful
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7 June 2021 | 2 replies
At the time I asked the lender about refinance and the answer was that the terms would be similar.Please reach out privately if you prefer not refer on the public forums.Thanks