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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $200,000
Cash invested: $30,000
Sale price: $270,000
Contributors:
Peter Vekselman
Partner Driv...
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Ill be helping my father-in-law manage a property he has near Hinesville GA.Since I'll be charging a fee for helping him, from what I can tell he needs to put the security deposit in an escrow account.I've seen A LOT ...
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I have a verbal agreement in place to purchase the 4BR home I currently rent from my landlord, which I would then continue to rent out to my other 3 roommates in order to ensure I'm cash flowing each month, covering ...
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Many investors start their journey by diving into individual distressed property deals, but if you want to grow into a high-volume operation, it’s essential to change your mindset, strategy, and execution. Successfull...
I am purchasing a 4 unit and was wondering how to set up the bank accounts for deposits, cash flow and expenses. I have heard of trust accounts and commercial banks....getting confusing. Thanks
I have a prospective tenant that is no longer employed. She states she has sufficient savings to allow for rent. How do I qualify someone who has no stated income... living off of government (SS) and savings? Any ...
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Hello, first post here.Selling two parcels with seller financing. Buyer proposes the following structure:Parcel A: Buyer puts 50% down at close, seller finances the remainder.Parcel B: Buyer puts 0 down and no intere...
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Hello, we have decided to start accepting Housing Vouchers. However, we have one pressing question. How can we verify or validate a Housing Voucher? On our application, we request the applicant to submit a copy of the...
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Hi,I had a quick question about my residential property. It has recently been paid off. What should be my next steps:Should I move it to my name or put it under a holding company / Trust or have it under an LLC? I wan...
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My tenants just notified me that their unit got broken into and money was stolen. This is a first for me, so I'm not sure whether there's a protocol or this isn't my responsibility. Any advice?