Zach Shrader
How does Property Management work??
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
John Morgan
Has anyone joined the group "snap-flip"?
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...
Robert T.
Property Management Fees
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...
Cassandra Sifford
Tenant Screening - Previous Landlord Disappeared
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...
John Morgan
Quick LLC tax filing question
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...
Pradeep Varghese
Using Fund and Grow along with Plastiq for paying down payment
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...
James Dean
Marshall Reddick Class Action lawsuit
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...
Matt Rothwell
Lending Club?
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...
Tim Porsche
Cheapest Way to Set Up Self Directed IRA
Hi All,I currently have a little over $6,000 in a 401k from one company, and a Roth IRA from a second company. I no longer work for either company, and would like to move that money into a self-directed IRA and invest...
Rosanna Sampson
New scary HUD rules
Hi Everyone,
Got this message from Boston REIA and thought everyone should know about it.
Rosanna
Dear REIA Members:
The following information is extremely important!
HUD has proposed to eliminate ALL seller fi...