Keith Smith
Potential tenant with no SSN
Had a potential tenant who contacted me and stated her husband doesn't have a SSN. On my application I have applicants must have a SSN but never really thought why someone wouldn't have a SSN. Why wouldn't someone hav...
Angelo Llamas
Do you need a bank account for every property
Me and my 2 brothers are starting to invest an we are curious as too as we start acquiring more an more properties do you need to have a separate bank account for every property or how do you keep track of them other ...
David Lutz
Setting up a company to shield REI income
Afternoon all :) Appreciate everyone's help in advance. Would like some advice on how to minimize my tax liability by setting up a company.I own a primary home in CA, and out of state SFRs. Everything is under my ...
Mike Chira
Taxes on fix and flips
Hi everyone, I'm a new investor in Augusta Ga... I just bought my first fix and flip property at foreclosure. I will have the closing in a week and then I'll start the rehab.
My end goal is to buy and hold multi fam...
Bryan Hancock
What Factors Do You Use To Down-Select Your Small Regional Bank Partners?
I have pretty much called every known viable bank or credit union in the greater Austin area in the past year and we now have 15 solid lenders that will loan on specs or our rehab projects. This presents an interesti...
Terry Royce
Email lists
I have been gathering emails from people who have both sent me properties and who have inquired about available properties. I had clumped them all into one list. Is it problematic for everyone to be on one list, or is...
Joe Doman
Accounting software recommendations
Hello, I am looking to upgrade from excel spreadsheets and go with an accounting software. I have 28 rental units, I flip 6 or so houses a year, and do a handful of retail listings as an agent. What software do you re...
Alan Asriants
Is there a new norm for Real Estate?
For the next for next foreseeable future, I believe that we have reached a new baseline for the housing market: A market that doesn't have nearly as much inventory as there was historically.
It's no secret that inve...
Account Closed
1 in 5 Americans has a Disability, Dogs Throughout No-Pet Buildings Likely the New Norm?
Seizure–alert Dogs, Hypoglycemia-alert Dogs, Therapy Dogs, Emotional Support Dogs.. what will they come up with next?sure, dogs, dogs, must LOVE dogs! i do too, and would likely evenmoreso if/when i were to go blind o...
Brandon Stiles
Questions about using LLC for flips...
I know I need to sit down and talk to an accountant before moving forward but I was hoping someone could help clarify a few things for me.I'm planning on creating an LLC for house flipping. Mainly so I can elect to be...