Jay Yoo
Wifi service for international students tenants
Hi All. Hope your holidays going well. I have International students as tenants in my property. Of course they have no credit score or any but have bank checking account. They want to open an account for the Internet ...
Michael Slockers
How to financially account for a lost security deposit
Hello all:When a security deposit is received on a new long-term rental lease, I categorize that in my accounting system as "deposit", separate from rent. It isn't income, doesn't show as a gain, etc. When that same t...
AJ Smith
🚫💰How to Overcome Lack of Capital as a New Investor
😔 Are you a new investor struggling to get started or scale your portfolio due to a lack of capital? 🤗 Don't worry, you're not alone. Lack of capital is one of the biggest obstacles for new investors, but there are se...
Beau Pearson
How would you write this lease up?
I have a good tenant whom I just collected the Depot to Hold money. Property is available ASAP. They would like to sign the lease and handover keys on the 26th of March 2023. So the lease start date would be the 26th....
Ruth S.
Is a promissory note needed for each state I use a private money lender?
Hello Community!I'm wondering if I need a different contract in each state that I plan to invest in and use a private money lender to fund a deal. Could I just use a general standard contract for each state? If not, h...
Dorian Wood
Using a pesonal loan for down payment
I'm short on cash but have good credit and income. I am considering getting a personal loan to help fund my first deal. Has anyone had any experience with using a personal loan to fund their first real estate property...
Joey English
Private money loans
Private money loans:How many of you have heard the phrase, “it takes money to make money?” This is a true statement if you want to make it in real estate investing.People often make the assumption, however, that you m...
Bret N.
Security Agreements for buying notes with funds borrowed from someone's IRA
This is my first go at borrowing funds from a lenders IRA to buy 2nd NP notes and for some reason the concept of using a note as collateral for a prom note is confusing me. I am sure I am over analyzing this.I am the...
Daniel Mendez
Diving into my 1st rental (DFW)- Input your Advice & Guidance
My wife and I are going to turn our primary residence into a rental. We are planning to manage it ourselves.We would live close by.I am currently reading and watching everything I can about landlording. Any advice or ...
Kyle Wallitner
Out of State Property management
Hey everyone,I am looking to scale my rental portfolio out of state. Does anyone have a property management company they like in the Kansas City area? or ones they do not like?Thanks,Kyle