Bob Asad
How do you prevent co-mingling of funds?
If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...
Jae Bok Lee
Out of state(or out of local) Investment Property
I currently have 3 single family home for long term rent, and they are all in Houston. All single-family homes built in 2009~2015. I purchased through a local realtor that I know for years and I have been managing a...
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
To those who consider themselves very wealthy, is wealth worth what is takes to acquire it?I don't want to become ultra wealthy because I don't want to do what it takes.I love spending time with my wife and being home...
Harry Williams
What will a good bookkeeper take off my hands?
Financing my first flip with a solid GC project managing start to finish. While I have the time to manage the backend accounting and organization of paperwork, what will a good bookkeeper take off my hands? I'd rather...
Tony Wu
How do we have a fair split of a partnership
My partner and I are interested in entering into a partnership finding below market real estate, improve, and then rent out or flip for a profit. Assuming that we each split the up front cash needed 50/50, my partner...
Caroline Barnett
Tenant hasn't switched electricity to her name
What is your course of action, when a tenant (after over a month) still hasn't switched electricity to her name, even when this is agreed upon in the rental agreement. We can't of course just turn off the electricity,...
Ryan Eide
Apartment Course: Joe Fairless or Michael Blank
I grew up in a family owned construction business, spent a few years as a realtor, and then spent the last 15+ years in Program/Project Management at Amazon and Boeing. I am finally coming back to real estate, specifi...
Stephen Morton
Hard money lenders
Spent all day yesterday talking to lenders finally came across one that had an achievable criteria for my first fix & flip. Does anyone have experience working with American Heritage Lending? Interested in doing t...
Michael McManus
Should/Can I raise rents right after purchasing this 4 unit?
I'm looking at a 4 unit property now and the rents are low. Two of the renters have been there for 20 years and the rents have never been raised! Can I only raise rents with the renewal of a lease? Can I force the ...
Mark Jones
1 percent rule question
The 1% rule is a nice easy metric to use. What's the reasoning behind the number 1%?