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I was informed by my tenants family that he was in an accident and currently unconscious. He was unable to pay rent this month due to his condition. They told me they are going to be moving his things out by the end o...
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Hello!I am about to close out on my first rental property and wanted some advice on storing the cash flow every month. Should I open up a separate bank account? Or is there like a certain type of app that you guys use...
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I have a qualified applicant in a rental in Virginia that is currently empty. The market has slowed and I don't want to turn away qualified applicants, but they can't move in for almost 3 weeks. Can I charge a holding...
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I was asked if i would like to be a private lender on a flip and im considering jumping in on the deal. Im just wondering what legal docs i should require.
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Hi all! This is a 2-part question. First, how many of you use wholesalers in your business? Secondly, how many of them help you find money to fund their deals to help you conserve your cash? Just a quick survey. It's ...
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Hey guys,
I feel like I've asked this question a million times and the answer is no. But I want to minimize my tax burden on a house I am in the process of flipping. I am only planning to hold the house for 3 months...
My partner and I have been renting a manufactured home from a friend of a friend since August 2019. Our lease goes until August 2020, but we are going to be leaving sometime in the beginning of June for new jobs. The ...
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Investment Info:
Other other investment in Circleville.
Purchase price: $25,000
Cash invested: $100,000
Storage units in Circleville, Ohio. Built them ourselves and now generating a lot of cash flow!...
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I have noticed over the last year a spike in HOA security deposits. I used to work in real estate and remember whenever had a rental, typically a tenant would be screened and charged an application fee, usually $50-$2...
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It is my understanding that most mortgage companies follow fannie mae guidelines. So according to this, transfer to an LLC should be allowed? Anyone have experience with this? Sorry about the bold, didn't know how ...