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We bought a 2 family property in MA with an inherited tenant. Spoke with them about rent payment and they said their previous landlord had always accepted rent the 3rd week because they use SS to pay for it although ...
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I am always looking for ways to leverage. As a landlord, the more properties you acquire, the more cash you will have to deal with and store. With every rental comes a sizable security deposit that you will hold ont...
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Is it safe to use eCheck? PM is asking for payment, and one option is eCheck. Otherwise they charge like 3% for credit card.I am wondering if someone use my bank account number and router number there, they can do wit...
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As Dodd Frank Act coming, I can see that LO investor should use MLO ( Mortgage loan originator) as our middle man to structure a deal. I used to close a deal in an attorney office. My question is if you put a MLO i...
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I while ago I connected with another investor and they were very good at talking, giving advice, and laying out a long term investing plans. I agreed to provide a loan from my SDIRA LLC to their LLC to put one of the...
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Seeking advice for a first timer. I listed my home for rent and after 30+ days of reviews and home tours signed a lease on 3/30 with an individual who met my preferences for financial/credit history but could not move...
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My wife and I own and operate 23 senior living communities (assisted living, memory care, and independent living) across Colorado and we are now expanding into Arizona. I've often had people ask if they can invest to...
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what are the chances of using a multiple partner llc that buys a piece of property to fund the down payment instead of a private loan that the lender won't count as down payment.
here's what I am thinking.
the LLC w...
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This is my first time dealing with a short sale in which the owner on title is deceased. The owner's son is considered the executor of the estate, according to the bank, but there is no legal trust set up. We're clo...
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When you rent out a place how much do you require your security deposit to be? 1 month's rent, $1,000, $500 etc? What about requiring last month's rent and first month's rent? I was thinking of asking for security dep...