Lonnie Deals are financial boomerangs:I want to tell you about one of my favorite deal structures: the Lonnie Deal. That’s when an investor buys a mobile home on a rented lot for cash and resells it, offering owner fi...
My tenant reached out to me this morning stating that she has been the victim of identity theft and her bank account is currently frozen. Rent is due on the 1st and late after the 5th. She requested that I use a por...
First, let me define what I mean by reverse trolling. Reverse trolling is posing a vague question in your practice area to allegedly spur discussion, but it's always to get business.
It's technically avoidant of adv...
I recently joined a organization as a student called "snap-flip" after attending a real estate conference in my area. They provide financial literacy through classes as well as reoccurring support for customers/studen...
Hi, I just bought my first rental property last month. I live in NY and my property is in FL so the property will be run by a property manager. I just received the property management agreement and the cost of prop...
Good day BP!!! I am screening my 1st tenant and she seems good on paper ... so far. She's given me her pay stubs, ID, completed application and the app fee. I've verified her employment with HR. She's been with th...
I formed an LLC for our six properties mid way through 2018. My property manager for my one out of state property wants to know if I will be filing my taxes under my name for 2018 (like they’ve been doing for the last...
I was wondering if anyone has used Fund and Grow along with Plastiq for paying a down payment for investment properties. Plastiq states that certain credit cards from Fund and Grow can be used through Plastiq to send...
Hi. My wife and I live in California and purchased two homes out of state with Marshall Reddick in 2006. One single family home was in Florida and the other in North Carolina.
We are upside down on both homes and...
I was looking at financing options, and I found the the "lending club" after a quick google. It sounds like a peer to peer loan service? Has anyone used it, either to lend money or borrow money? How does it work? Res...