Marvin Meng
How do you collect rent?
Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...
Toby Jurging
SD IRA Investing In Buy n Holds
Seeking input regarding use of SD IRA funds for REI. Have been using my SD IRA funds for funding flips over the past year, completing 3 with success. I have no issue with this method, easy enough on my end, so no co...
Phebia Philpot
Contractor stole $40K
Hi,I am just looking for advice as we are desperate on where to turn. A contractor we hired with a contract took out roughly an extra $40 K over budget(the bank let him have it). We tried to get him to work for months...
Benaiah Grimes
How big of a multi-unit property should you procure just starting out?
I am entirely new at investing but my family has been involved in this industry for quite some time. Now that I am in a position to infiltrate this industry I am ready to jump in both feet first. How big of a property...
Mark S.
FIRE Strategy for High Income Earners
Financial Independence Retire Early (FIRE). It seems to be everywhere these days. I just heard on a podcast that there is a movie coming out in a few months about the FIRE movement - which sounds awesome. I'm sure ...
Alex Corral
1 bank account per property?
Is it recommended to have 1 bank account per property? Seems a bit cumbersome. How do you guys manage your rental accounts?
Alex M.
Bank account for rental properties
So I am about to collect my first month's (plus last and security) rent on my first property - rental application in, background checks complete, initial deposit provided in the form of a check... but I don't have a b...
Nick M.
Buy with my own cash or use hard money
I made an offer on an REO property in southern NJ. Details below:Offer price: 70kRehab budget: 35kARV: using comps in the area 165k. Going conservative and will say 150kGoal: Probably fix and flip. May BRRRR. I have t...
Tim G.
Trials and tribulations of my first flip!
Welcome to my thread! I'm going to use this thread as my blog on my 1st rehab property. I ultimately want to get into rental properties and plan to use the profits (hopefully) from this flip to purchase the first ...
Cal C.
Reserves are almost an absolute necessity!
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...