OK, this sounds like a silly question but I really want to know if this is necessary and why. We have 19 accuired 19 doors using the BRRRR method mostly. 4 duplexes and the rest are SFH's. Wife has spend many MANY hou...
What is the most effective and convenient way of collecting rent money from your Tenants?
Hello PB again!I'm using my 401K former employer early distribution for my REI this year (May-Jun timeframe). I have never done this type of transaction before and need advice how to do it. How much time will take f...
Hi, we manage properties in a partnership and in a couple LLCs. We have Lowes and other accounts to purchase materials for repairs or renovations. Those expense accounts need to be paid with funds from the correspondi...
I have a friend who would like to put some of his money to work in my real estate investments. He currently has an IRA with ~$55K in an UBS account with a number of market investments. The investments are marginally p...
Was having lunch with one of my business partners and he was telling me that on his rentals he gives his tenants his Bank account number and makes them direct deposit it when due. However ( and that's here in Oregon) ...
The process is probably really simple and im just over thinking it. I seem to be having a little difficulty in finding a quitclaim deed form to transfer my rental llc.
Do i need to make a business bank account befo...
Hello BP:
I am in the process of trying to streamline my book keeping process from my real estate investments. Thankfully my real estate investments have prospered over the past few years. I currently have 25 units a...
I am thinking about setting up a SDIRA with a company called the IRA Financial Group (http://www.irafinancialgroup.com) . Has anyone ever dealt with them before? I have a modest some of money sitting in various IRA...
I and my husband are buying our 3rd property(a quad-plex); its closing date was targeted on 9/27. We wanted to process the financing as primary residence due to its extensive rehab.
The title will be both of my name ...