I am buying from a friend. The house is in Texas. What is the cheapest way for me to close this ownership transfer transaction? Please share details and any tips and tricks. I trust the friend but do want to hedge ag...
Hi guys!
I am working on my first potential Seller-financed deal.. What advice can you give me on how to have the loan structured? How are taxes handled and are there insurance requirements? I want to learn as much ...
I recently purchased this 5 unit residential building. It was a good price because the past owner lost control of the property due to troubled tenants. It's currently C class of things it could be an B+ A- building. I...
I have an LLC that I started with my now ex-wife. I got the LLC in the divorce. I plan to use this LLC to hold/manage rental properties long term, and basically take care of all my real estate dealings that are not ...
Does anyone have a recommendation for software to setup, register, and manage your small real estate business?For background I currently self manage a quadplex I live in located in DC and I have a property manager for...
I am getting ready to start my first rehab project and wanted to know if any STL investors use certain banks for business lines of credit? If so what are some of the requirements and what are the benefits?
Hi all, I'm looking to start putting all my business transactions on a single, dedicated credit card in order to simplify accounting. Does anybody have a card that they particularly like?
I have been an agent for about 6 years and do not have an LLC for this specific stream of income. I have lately been seeing this come up a lot lately from other agents. Would you recommend I do the same? Should I have...
Hi, I am a landlord using a property management company for one time placement and not ongoing management. The property management company is refusing to share tenant information such as credit report and proof of emp...
I am trying to do a better job of keeping my personal finances and my business finances separate. What is the best way to do this? I know I should have two different bank accounts. Currently I bank at the local credit...