I'll preface this that I will be speaking with a local attorney to get their opinion on Monday but wanted to see what this group thought of my situation.I have a duplex that had a single room and contents fire. The f...
Hey Guys,I am in the process of picking up my second rental property and am looking to streamline the rent collection process. Currently I collect a check from my sole rental but would like to offer electronic payment...
I’ll be 21 soon and there’s a duplex I’m wanting to buy . According to realtor.com the listing price is $185,000 and all units are currently rented . All I’d have to do is buy the tenants are there already. I was wond...
Hi community,My wife and I am trying to purchase our first investment property. I'm looking for a little guidance when searching for a reliable contractor. We've heard a lot of horror stories about contractors running...
Well today hasn't been the most fun. My wife called me telling me she was in accident. She is fine. (thank God!) Her 2001 Ford Escape on the other hand we shall see..... She was rear ended and her car won't drive. The...
Hey, ya'll. I am a total newbie into the real estate investment world, but my passion for it has been growing over the last several years. I have done ample reading and research, but am fully aware that my education i...
I have been taking money orders for the first month's rent and the SD, but now I have heard that someone can give you a money order and then go to the issuer immediately and (fraudulently) claim it was lost to void...
Hello everyone, I may be finding myself in a situation in the near future of receiving 70 SFH and a few duplex's the issue at hand is minimal legal structure (one basic LLC) and no systems in place for anything, (no...
As a property manager, one of the crucial and multifaceted responsibilities is ensuring that landlords have reliable tenants who will treat their property with respect, maintain it in good condition, and pay rent cons...
If you were to make $20K on a real estate transaction would you use it to pay down existing debt such as a car loan or credit card debt, reinvest it into another deal, or a combination of both?