Hey everyone! I'm new to REI and incredibly excited to learn more and make connections. I work full time and like many of us here, I am looking to supplement my income and eventually not be 100% reliant on the 9-5. My...
Hi All,I am a new investor looking to make a first time purchase on a buy and hold rental property with my brother. We are investing in the San Francisco Bay Area market. My question is, what is the cleanest way to ha...
Just spoke to a hard money lender. Among the documents he needs to vet my eligibility, he needs to see that I have a LLC because they will not lend to me personally. Is this typical?
We are closing in our purchasing our first rental. We're in the Pittsburgh market and are looking for homes in the 25-35k range. I am wondering what I can expect to pay in closing costs. The state is PA but this being...
In researching some up-coming auctions, I came across a house with a lien entitled: “Notice of Lien for Fine and/or Restitution Pursuant to the Anti-Terrorism and Effective Death Penalty Act of 1996” Here's a link to ...
Hey All I am currently house hacking and over the weekend there was a leak from the toilet located upstairs in the unit that I live in. The water leaked into tenants unit, which costs water damaged to some of tenants ...
My question is: should I get one checking account for the deposits of all the tenants in the building or do I get separate checking accounts for each tenants security deposit? I'm asking because if I get a 25 unit apa...
Hi all, I just secured my first property in Arkansas. I created an Arkansas Lease using Rocket Lawyer and a House Rules and Resident Policies Addendum referring to the documents that my property managers in CA and OR ...
Hello All, First post! Here it goes..My company is currently attempting to start a successful property management company. They have tasked me with setting up the bookkeeping and accounts. Current set up: We created a...