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I am officially in the process of collecting rent for the first time ever. I have collected rent from one unit in the form of a money order and a second in cash. What is everyone's strategy to collecting rent in cash...
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Recently a perspective tenant found a loophole in my lease after it was signed. It states that the deposit will be "paid before move in" To this effect the tenant could pay the day before move in leaving me waiting we...
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Hey all, I am looking for some advice on how to structure a partnership with a developer. The developer will be doing all the "work" from identifying the site, land acquisition, and bringing the project to completion/...
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Just rented out my primary residence and researching insurance coverage. Here is what I have learnt. Please do comment if wrong:
If you are not residing in a unit then a homeowner’s insurance will not cover anything....
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i am about 4 months away from our listing our house. over the next couple of months, after the holiday, we will spend time and money into our primary to position ourselves as best as we can be with regards to the hig...
Hello, I am a brand new REI and am excited to get started.I am a young guy still in college. I am studying to become a Software Engineer (and hopefully someday design software for REIs). I have secured a few internshi...
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Hi!
I am about to write some new articles on how to raise private funds for real estate investing because in the new post-bubble world normal mortgage and hard money lending is drying up and m...
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Hi everyone,This will be my first rental property that I am looking at purchasing in Grande Prairie, Alberta. I am considering this property because it has dropped 40-50k in the passed year and these types of homes a...
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I'm underway with my first BRRRR and it's going well. Looking like I'll keep maybe 5k in the deal but it will cash flow about $400 for me. I want to be able to repeat this as fast as possible, so I'm wondering if anyo...
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I am in the process of buying my first property. I will be setting up an LLC as well. How do most people manage the money for their properties? Should I setup a separate bank account and have the money flow in and ou...