I have a new(ish) commercial loan on a mini storage facility. I saw in my loan docs that I'm supposed to submit quarterly financial reports to them.Can someone help me figure out how to structure my report or what the...
Hello. Newbie here. I'm looking at the foreclosure list in San Antonio for next month to scout for deals. I found a property where the owner bought by signing two notes at closing: a $95K first lien mortgage and a ...
Looking back I see this topic was discussed about 10 years ago.
Recently it has come up in some podcast I have listen to. I'm curious if anyone has truly vetted these policies. The idea of creating a investment arbit...
Hi everyone!Newbie here. Please be kind. I’ve recently formed an LLC with a partner to flip houses. We’ve purchased our first property and the project is underway. I’m a CPA (originally an auditor, now in consulting),...
Fully rented upstairs/downstairs duplex in a village setting about 45 min from a mid-sized city. Each unit rents at $600/mo for a total of $1200 gross income monthly. Utilities are separately metered and paid by ...
I have a unit that will soon be vacant. Do you think I should do a month to month lease during Covid19 instead of a year lease? Should they be late or stop paying, is it easier to disinvite them of on a month to mont...
What is the best way to setup up bank accounts for rentals. I have my main personal account. I also have another bank account at a different bank just for closer convenience. I have a 3rd bank that I just opened up...
I have an opportunity to make some money by providing a short-term bridge loan, and am looking for advice on what pitfalls or risks I might not be seeing. Sandra bought a property on land contract 3 years ago for $180...
New to this site, and I’m not sure if I'm posting in the right place. I own two houses, both single family. I have to move for work in the next year and I was wondering if I would be able to qualify to buy a third pro...
Okay ladies and gentlemen.So I need your advice. I just did my first owner to seller finance and I’m wondering if there’s anything I could’ve done better or or anything did I do wrong? I initially put 30k into the hou...