I have one tenant who has been on time with rent payment since the start of her lease in January. However, since her paycheck schedule changed from 15th/30th to every other Friday in Nov, she has difficulty to pay ...
Hi all,I’m about to close on my first out of state rental and have been in contact with a property management company to manage it.For accounting purposes, the PM is asking me to open a business account at a local ban...
My wife and I are currently in the process of creating a trust which will hold all of our long term rentals. I am also looking to sell one of my out of state properties. I contacted my exchange company to set up my 10...
- Are you part time or full time in your land-lording business....? - If part time, why? Is it due to the fact you only own a few homes? - if full time, why are you full time, how many homes do you operate? Thanks for...
The hunt for unicorns continue.. It seems one of the hardest parts of being a RE investor and entrepreneur is finding trusted council. Finding a person/company/firm that can be dual hatted as both a (1) Strategist and...
I had asked this before, but did not have the supporting links, so I am asking again with reference. My father in Law would like to burrow money so he can buy a new house. I would provide a bridge loan secured by the ...
Hello! As we all know, REI is a very powerful tool to building LONG TERM WEALTH. Some people have different goals in mind when going into it. And I am curious to know yours. If YOU ARE buying an investment property, d...
Just getting started and wondering how many of you manage your properties yourself versus outsourcing? I’m for sure leaning towards outsourcing as the appeal of getting a call at 3AM for a clogged toilet is near zero....
I am looking at forming a multi-member LLC with some other investors. I would be the managing partner. My concern is that this may be considered a securities transaction.
- There would be less then 35 members. Probab...