My family and I are deciding to go into business together by upgrading our rental properties. We have an opportunity to sell:- 1 rental (one of my parents) for 350k - 1 rental (of ours) net 80k-100k (use to start proc...
I have several tenants that moved and left damages, past due rent, etc. I mailed disposition letters and with no response, it’s time to collect on what’s owed. What is the process for this in Oklahoma? I have not done...
I know this has been discussed numerous times but here goes. I'm ready to form my single person LLC for my REI business. I'm in Illinois, and plan on doing most of my business in Illinois, but have seen on the forums ...
So I decide I want a new mortgage person so I take a suggestion on here on one to call. I meet with the guy and he seems good, so we give him all our paperwork needed to get qualified. Bare in mind my partner and I al...
Anyone have experience with team members for a SDIRA (a bank, CPA, attorneys) in Wichita Ks?MEssage me if you prefer not to post it here... THANKS
Hi BP,
When analyzing an investment property 3 numbers are extremely important along with others;
1. Debt Coverage Ratio
2. Cap Rate
3. Cash on Cash Return
Most lenders look for ...
What are the most common challenges that realtors have? if there's one challenge that most of the realtors have, what would that be?
Many seasoned Realtors, especially on these forums, likely already know what I'm going to share and use escalations all the time. I didn't break any new ground or invent anything new. I've simply put things I've lear...
How much cash is needed for a deal?Has anyone sold off some of their rentals to get into that space?
I want to buy rental units in Ohio and I currently live in San Diego, CA. If I am keeping my 9-5 job and only collecting passive income, do I need to register/create a LLC in California and Ohio or just Ohio? My long ...