For those that buy and hold for the income, how much time do you devote to your business? I understand that starting out, depending on how fast you want to build your portfolio, you could spend a lot of time at it.Fo...
I've owned a small rental property for 18 months now. One of the units is occupied by a low income family: two parents and their two teenage children. These tenants were in place when I purchased the property, and I k...
I have been told that IRS liens for homeowners income taxes are easy to get removed because they follow the individual, not the property. I have searched the site and not coming up with anything to clarify. Anyone h...
I am a 21 year old would-be investor looking to get into the world of real estate within the next year or two. I already have a general game plan set up but am trying to explore all of my opportunities before committi...
I'm just curious what others do to track their rental / business expenses, like their SOP. I'm tying to develop a best practice.
For instance, this is what I do:
1. Create a google business email / drive and create ...
I am often asked about my early success in wholesaling real estate. Avoiding these common pitfalls that I see in new students will help you achieve great results.
1. Education over Action
By far this is the #...
Buying properties is no easy task because the monthly amortization can be heavy on the pockets. And when word gets around that a particular friend bought properties, it is considered a financial success and a life upg...
The last renter I had paid by cash or money order. Now that I will be renting out two units in the next month I am wondering if I should go with an online option to pay rent. How do you collect your rent? Do you us...
Hi Guys,I came across some probate leads recently and I'm wondering what method of direct mail I should use? I usually send out postcards but I was thinking I should try something different. Does anyone have an idea o...
For a new REI business account (LLC), is there an advantage of setting up your business account with a large national bank, or a small state bank, or a federal credit union?
I've already read to avoid BofA. Are there ...