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So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...
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I just came across an older thread about wholesaling in Florida that basically said it's illegal to get a property under contract then market and sell it without a broker's license. This has me concerned as I have th...
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I received a tip from a friend that taking my properties and incorporating them into a c corporation is the best tax structure for me. I've got a full time job and, for now, the rentals are supplemental income/retire...
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I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...
Hi, newbie here. I have a house around north seattle(Greenwood/Greenlake) area. I did all the calculation and know that this is definitely not a good rental investment.... (I.e cash flow is about neutral. Big equity l...
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Hi all - I've been a lurker for a very long time. I'm wondering about the viability of getting into note investing for someone like myself. I am currently a consulting manager, at a technology and management consul...
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Good evening fellow Bigger Pocketers. I'm a military pilot currently stationed in California. I've bought and sold 3 previous homes that I purchased while stationed in various places. I typically like to buy "broken t...
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I'm looking for a trustworthy Turnkey company in the north Florida area (Jacksonville FL) that offers contracting (24/7 repair service) and property management services. Trustworthy in a way that they're fair in their...
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I have a tenant who has been late with rent payments since August. He's currently paid through Sept, but hasn't paid Oct. He has racked up $360 in late fees. He said Oct rent is 'in the mail' and that he can't pay the...
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North Carolina law states that "it is unlawful for an person or business entity to act as a broker directly or indirectly, without a license. The definition of real estate broker is a person or entity that lists, sell...