Jack Slattery
Lowering the rent
I have a rental that I purchased for $58,000. It brings in $750 monthly with PITI of $375 leaving a cash flow of $375. The tenant pays rent six months in advance and will have completed a year with me in June.
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Will F.
Private "Intra-Family" Loan - Secured against RE owned or
Intra- Family loans are just loans between family. The benefit would be lower interest rates for borrower and higher interest rates for the lender (compared to holding money in CD or bank)nerdwallet heres a brief a...
Richard Z.
How to write this private lending agreement?
Hi All,
I'm newbie here not sure if this is the right board to ask this question.
I planned to do the rehab business(buy from truestee sale) for a while, but just short of cash, recently I'm lucky enough convinced a...
Corey Meyer
Can I take venmo for rent from tenant?
Hi,I have been taking payment from tenants via venmo to my personal account. Recently I moved my rental properties into LLCs and opened business bank accounts that correspond to the properties. My legal advisor is a...
Ryan Mortimer
Partnering with a Realtor
What is a good way of splitting profits for flips if I partner with a realtor?I ask because I recently had a realtor reach out to me that I've worked with in the past who wants to partner with me on a flip. He is seas...
Amanda Musumeci Deeter
SDIRA/SD401k... Loopholes to Fund Disqualified Persons?
Hello!My husband's father has funds in his retirement account that he'd love to invest in our REI business. He's willing to move his current IRA into an SD account so to have checkbook capacity, however, we found that...
Account Closed
What do you do to protect the legal integrity of your LLC?
I have created a LLC for holding a piece of rental real estate in Florida. I want to make sure I take the proper steps to keep my LLC as a separate entity then myself, what should I do other then the steps I have list...
Garcia L.
Purchasing First Investment Property
Hi guys, I'm a newbie and very interested to learn more about real estate business. Please guide me along the way. Thanks. I just started my exporting business not long ago. Every month I've no income and very little ...
Jason Turo
Wave accounting application
Could you share your experiences with using the Wave Accounting application and how you configured it to use with multiple properties and multiple units in each property. I would like to allocate business expenses ac...
Ethan Neumann
Transactional Funding in NC
Does anybody have good recommendations for transactional funding companies or individuals?
Need to double close on a property in NC.