First rental property? Security deposits, credit checks, and home renovations can seem DAUNTING when it’s your first real estate rodeo. How much do you charge, which tenant do you select, and will refreshing the grout...
Sharad M.
Accounting for multiple LLCs?
Hello all,
I wanted to see how you guys are dealing with accounting issues of owning multiple LLCs? Do you have a separate bank account for each LLC you own? Or you have a main bank account for the primary LLC and us...
Dan H.
Proposed regulation on real-estate purchases made in all cash
Proposal to regulate all cash offers to reduce use of RE to launder money. Not sure what effect this will have on investors who make all cash offers or sellers whose RE for some reason does not qualify for traditiona...
Tod R.
As Promised, The Newest REI Program to Sweep The Nation!
Thanks to Tim's post on the Magnificent8 REI group, I feel compelled to introduce to you the latest program that is sweeping the nation!
THE DELTA FORCE of REI!
Allow me to introduce to you the lead mentor of this g...
Divya R.
Eviction Services Advice
Hello,
We are considering buying a foreclosure with an occupant that would need to be dealt with, after purchase. I would not like to involve personally and would like to hire a service or outsource it. Did anyone d...
Steve Buchanan
Can I pay off line of credit in 1031 exchange?
I have a property that is held in a LLC that I'd like to do improvements on. I also have an unsecured business line of credit for the LLC/business. If I use the line of credit to make improvements and then decide to s...
Nghi Le
Return of Security Deposit
A friend just called me to ask what she can do with her situation. I don't know much about renting or the landlord-tenant laws in Seattle (other than it's tenant-friendly), so I thought I'd reach out to the experts h...
Carlton B.
borrowing from family
I'm interested in involving a couple of family members as investors in my next fip. I think the best way will be to borrow the money and pay them interest monthly like a hard money loan. So, they put 100,000 in at 10%...
Aalok Trivedi
Tenant does not want to pay Early Termination Fee?
Hello All - I am the Landlord of the Property.I have a situation in Indianapolis, where the lease clearly states an Early Termination Fee and the Tenant seems to be making things up to not having to pay this. Sounds ...
James Hixson
Scale faster with an Ernest Money Partner
Scaling a real estate fix-and-flip business can be a complex endeavor, but partnering with an earnest money lending partner can provide the financial support necessary for rapid growth. Earnest money deposits are ofte...