Ian Landy
Build LLC credit with cash secured credit line
Has anyone played around with setting up secured credit lines with banks where you secure the credit line with cash for the purpose of building credit. For example setting up a secured credit line of $95-$100k and sec...
Paoola Sefair
Changing Property Management Companies
Hello fellow landlords,Looking for your guidance about how to facilitate and minimize any impact during a property management transition. - what documents should i ask from the current property manager (beyond: lease...
Rachel Murphy
How Do You Handle Private Money?
So I have someone willing to give me private money to fund real estate deals. What is the best way to handle the money? Do they give me the money to put into my account and let it season for a few months? Or do they p...
Karen Higgins
Property Management Trust Accounts
I have a question about property management trust accounts. My husband and I currently own and self manage 105 units in Minnesota. We are looking to expand our business this year and potentially start a property man...
Jonathan Jones
Texas Statute 32 - who is who?
Sec. 32.06. PROPERTY TAX LOANS; TRANSFER OF TAX LIEN. (a) In this section:In the Texas Statutes - Tax Code - Section 32...who are these people in common language? I'm having trouble figuring out who is the mortgag...
Charles D.
Need suggestion from any landlord in Tacoma Washington?
My wife has a house in Tacoma Washington. She rent it out to a tenant who live there for about 5 years. She moved out and trashed the house and caused $4,000 damages. How do I get compensate for the damages? Her prope...
Cody L.
Odd accounting question - How to classify security deposit bonds
We work with a company that'll allow a tenant to buy a bond in place of paying for a deposit. Say you want to move in for as little as possible. Rent is $700/month. Since your credit sucks and you were evicted 16 m...
Alex Place
Renting with no security deposit or dividing the security deposit into rent
I own a few rental properties and had a question that I wanted to run by you all. My wife and I own a small real estate investment company and while our goal is to make a living off this company, we don't want to do i...
Vina Real
Lend to a Flip or Mortgage Note from my SDIRA?
I have a promissory note on my SDIRA that's maturing on the 25th. It's invested on a flipping company in Florida for 11 percent interest. My question is what do you think is a better investment, a flip company or a m...
Christina Tkacs
Tenants aren't signing lease addendum
I'm transferring property managers (from a company to an online platform that I will manage) and I sent a lease addendum to my tenants notifying them of the changes to their lease (ie. that the management company has ...