I constantly hear people online (Social media) talking about getting an FHA loan and house hacking a 1-4 Unit property. They say to move out after one year, find a tenant for the unit you were in, and buy another prop...
Hi all,I have 4 investment properties that I manage myself and def plan to have more in the future but will take a while to them up. I currently manage the properties w/ Google Docs and Sheets but would like to find s...
My tenant recently requested my bank info so he can do an electronic rent payment. I'm guessing he will need my routing number / account number. I'm hesitant to give it out without first consulting here. Anyone kno...
I'm thinking about going the "buy, hold and rent" route in investing and was wondering what exactly is needed to rent out to tenants. Do I need contracts, a lawyer, property manager or is it just a person to person th...
Hi,We own our primary home and a triplex. Our mortgage broker said in order for us to buy another property.... we would need 25% down. Plus 6 months cash reserve for our primary home and our triplex. Does this sound r...
Rent Collection can be one of the biggest pain points while trying to manage a mobile home park.We have a few rules when it comes to rent collection that allows us to collect at a higher rate than the industry average...
I'm mapping out my plan to complete the education and testing to become a licensed agent. I will be relocating to Louisville, Kentucky.Who do you recommend completing my education requirements with? Why? How long d...
Hello Everyone!I am closing on my first rental property (SFR) next week and I plan on self-managing. It is also worth mentioning that I plan to acquire five additional SFR's by year end and to continue to scale up fr...
Hi Everyone, I am looking to start a property management company and I already have my first customer to manage 32 units (collection of 4plexes). I am in the process of getting my broker/real estate license and am sho...
I have two investors who are friends and want to invest with me. They will be passive investors and I will be finding the properties, re-habbing them and working with all other people involved. Since I will be using...