Shoshana Shulman
Tenant overloading washer/dryer
Thank you to anyone who can advise me in this situation. Tenants complained that the washer and dryer are not working. I sent a technician to trouble shoot. He said the washer would not empty because it was off balanc...
Mark Gruetzmacher
Bank Accounts / Checking Accounts
What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
Nick Shri
Investors as Partners?
I have friends interested in joining the REI ride. They want to come onboard as investors/partners. Should I open new LLC with them as partners? I will have bit of my funds and will be doing all the work (finding prop...
Sharilyn Glover
Bookkeeping For Roth IRA Owned Single Member LLC's ?
If one owned a single member LLC within their Roth IRA, and that entity invested exclusively in real estate, tax liens and debt instruments, would it not be acceptable to simply incorporate "grammar school" like accou...
Kez Strong
House hacking With or without a pool
I have two properties that have identical numbers but one has a pool and one does not. My thoughts are the pool adds unnecessary liability for not much more added monthly revenue. Are my thoughts accurate on this? Has...
Caesar Valle
is 741 possible?
I have a question. So this past year I've really come around a long way with keeping up and mantaining my credit score. I'm kinda young and made a few mistakes with my credit cards. Who doesn't? So I had about 3 ac...
Bryan Caprioli
How many checking accounts do you have?
Checking accounts...do you have a separate checking account for each property/LLC or 1 main account that all of the properties run through? This is a question for everyone that manages their own properties, as well as...
Lisa Gerard
Owner financing offered, property has a reverse mortgage
Found an opportunity for a tri-plex property offering owner financing, 12% down, 0% interest at a reasonable asking price and good rents. Sounds great! Then she tells me she's got a reverse mortgage on the property....
Marcus Auerbach
Why I know there is no crash
Yes I know, but hear me out. Being an agent and investor has it's perks - I see what's going on in the rental space (much more demand than I have ever seen in my 15 years) and I don't need to tell you what the housing...
Bienes Raices
Is BofA safe again?
It looks like they've transferred a huge number of derivatives into an FDIC insured subsidiary, with the government's permission:
http://www.bloomberg.com/news/2011-10-18/bofa-said-to-split-regulators-over-moving-mer...