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I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties. I have three single family, long term rentals with separate LLC's and business accoun...
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Hello and thanks in advance for any constructive advice,Long story short, I was laid off last year and cash savings are all but evaporated. I've chosen to fund my first REI with cash from my self-directed IRA. Can a...
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I am in the midst of orchestrating utilizing capital from partners and/or private money with notes to submit cash offers for properties. Do I have them create a letter of intent with a defined figure representing t...
Hey guys!I wanted to get some advice from some more experienced turnkey real estate investors. I'm currently reviewing the purchase of some turnkey properties in northeast Ohio. The company is very reputable and recom...
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So I registered an LLC with the intentions of opening a business checking account and running all the finances for our rental property through that account.We are not closing with the LLC on title, but I want a bank a...
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Hi everyone. I'm trying to buy, fix, and rent real estate and created an LLC with my partner who is putting up most of the capital but he will not handle operations at all. In fact, he won't do anything but provide ca...
What’s the best company to work with to open a self-directed IRA? I also want to know the costs involved with it and what’s normal and what isn’t.
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Hi All,I run into this all the time. I have a clause in the lease that says the security deposit will be held in so and so bank with so and so address and interest rate will be xyz. Per NJ law, must I include account ...
This past year I have rented out my 4 bedroom in Manhattan to some girls. I am not the owner, I am the master leaseholder and I sublet the place to them. The tenants were required to pay me 1st, last, and one month s...
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Anyone in here receive payments from their tenants this way?As I understand it, if they send it via the "friends and family" link (as in NOT "goods and services"), it's free Is there a reason my tenants can't pay tha...