Hi guys,I did an eviction today on one of my properties and the judge ordered the tenant to leave my property by April 3rd. The tenant owes me 5K in rent.Should I send this to a collection?I am a Christian, the Bible ...
Hi all. Looking for some advice. I purchased a rental property last year that is titled under my LLC. I purchased the property with cash after I took out a HELOC on my primary residence. I first transferred the mon...
This might sound like a novice question coming from a novice investor. I have a group of 5 people looking to pool money together to purchase our first rental property. For simplicity, let's say each person puts in $5k...
I just had to evict some tenants, and they told me that if I get a judgment against them, they'll "just file bankruptcy so [I] never see a dime."My first instinct was to laugh out loud, but then I thought, "Hold on--t...
About 8 months ago I met a wholesaler. I had 25k in a HELOC. He showed me a house to buy in the suburbs of Denver to try and do my first fix and flip. My dad was going to co sign that's the only way I could get the pl...
Good Evening BP,Has anyone ever used person-to-person lending example: Prosper to fund a deal? If so, how did the whole transaction work out for you? Would you do it again?Thanks in Advance,Steve
what should I know or expect when buying my first rental property using 100% OPM
Hello!So we have our first tenant and I'm already starting to collect money from them, but I'm not entirely sure how I should handle their money... Do I need to create a business bank account? Can I just create a sepe...
Hello,
I am in the beginning stages of partnering on a Quadplex deal. I want to get the partnership structure taken care of ASAP so we can agree/disagree, negotiate and move on.My partner is out of state (California)...
Hello everyone! Does anyone have experience on where to find jv partners and how it's done?