I recently ran across three companies that issue Surety Bonds as an alternative to security deposits. The idea is simple: instead of requiring tenants to front a hefty security deposit up front -- could be $2,500 arou...
What would you seasoned investors do if you had unlimited private money with the following terms:
5% down
6% interest
7 year balloon
25 year am
I'm just starting out with some education and some property management ...
This has been coming up more and more as I continue my wholesale journey. I heard from my appraiser today that in michigan you need a realtor license if you sell more than 5 homes in a month. I asked where she heard a...
Hello!I just started looking through posts on this board and it's really encouraging to see how many people are willing to offer advice to new investors. My wife and I would like to join the REI club and we are moving...
I just closed on my first rental property. I'm now in the process of finding a tenant. Being completely new to this, I've just done some reading, but still have some questions. Any advice on a couple things would b...
I need feedback on this method of payment for tenants. I have given them my business bank account number and instructed them to take all payments to the bank and deposit them either by check or cash. Then send me a...
Looking for feedback from those using Rently, a lockbox/service which allows prospective tenants to let themselves in to view a property. http://use.rently.com/how-rently-works/Seems a little scary to me. Any horror s...
Everyone's "favorite" time of year is upon us.... I'm talking about tax season!
I’m curious about how much time you all spend prepping for tax season before your CPA (or tax preparer) officially files your returns?...
My wife and I own and operate mobile home parks. We have two large parks under contract. One that we currently manage is up for sale. I thought I'd share a story of the park that we have up for sale in Dayton, Ohio.Th...