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I have an investor that wants me to partner with them to buy 100's of houses in AirBnb Friendly markets. I am concerned that scaling to this level will cause the system to break. Does anyone have experience buying 10...
Hello! My name is Emily Simmons and I initially wanted to start flipping houses but I do not have enough funds to buy a house right now. I have some funds saved just not quite enough. So i've been reading up on wholes...
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I would like to bounce a situation off y'all. I am currently under contract on a commercial property that is 11 residential units. This is only our second multifamily property so we are far from experts. The seller...
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Multiple questions here but here is the scenario I haveVacant home that has been abandoned by the children of a woman who passed away several years ago. Taxes haven't been paid since 2007 (ish). I know the family an...
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Hello everyone,I have my first rental property already rented and I am looking for the next one, but I'm wondering how everyone manages money? Like day to day income/payments, and what systems are good to get set up? ...
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Hey everyone,I am buying a 6 unit property under an LLC, when I write up leases do I sign them all under my LLC name? Also do I need to start separate bank accounts under my LLC name and keep everything separate from ...
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First post here, awesome sight,
I am interested in investing in the rental property business.
I have used some tools from this sight and other internet research to form an LLC.
I dont like the name that I used for ...
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Hi guys, I'm new to this site, but here's a question. I have 3 properties, a total of 17 units that have positive cash flow, but I can't get any interest from buyers because the forclosure market is killing values. T...
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I am using quicken for real estate to handle all my finances. I am buying my first property, and am trying to categorize all the expenses. So here is how I understand it.
The down payment can not be written off.
All o...
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Hey Guys,
As part of DIY discussion, how do you manage your own property and why (or why not) you prefer (or do not prefer) property management professionals to handle it?
Do you use any property management softwa...