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My husband and I just closed on our first rental property last month. We are wondering from a financial standpoint, should we open a business bank account or just a superare personal bank account to keep all finances...
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Nice lady came to see me yesterday. 73 years old. In March 2016 she moved $30,000 from her IRA to her checking account and then a few days later she moved it to another IRA. An indirect rollover. That went so well sh...
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I'm currently in the process of setting up systems for managing my future rental properties and have been reading through the CRLTO quite a bit as my guide. The first cash-flowing property I will have under my belt wi...
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The property is a condo ARV is $58-66K.
Seller is willing to consider owner finance and this is what I offered:
sale price is $50K, no downpayment
monthly payment of $400/mo for 5 year
$36K ...
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My neighbor is 92 and has a home that needs a lot of work, but with MAJOR upside. We have mentioned to her daughter that if the day ever came which they needed to sell the home they should come talk to us first as we...
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What have some people done to ensure a smooth conversion of a rental property to new ownership during closing? i.e. When to transfer the security & last month rent into a new account? When to meet the tena...
Hi guys. I'm very new to real estate investing. I finally have some funds from the sell of my previous primary resident. It's been 2 months since the transaction, so I have $30k sitting around, and my credit score als...
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Hey everyone! I was super excited to see that tenantcloud allowed a nice and easy spot to collect rent and provide other services. Imagine my face when I saw that the "upgrade" you needed in order to use your own doma...
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Has anyone used a service like Jetty or Rent Advance? I'm looking to offer these as options for tenants to ensure on time payments. Would love to hear your thoughts?
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I have a 2 BR / 1 BA condo in a college town. My daughter has lived there while in college, but is about to get married and just moved into her own place. I'm going to rent it out for the next couple of years. It s...