Hello. I have read some advice on this forum, but I'm still curious how you set up bank accounts in the most simplified way. Right now, based on some advice from the BP landlording book, we have a bank account for eac...

I'm starting the eviction process on a tenant for non-payment in Tennessee. I was planning to send the initial notice to vacate by certified mail/return receipt requested. However, I have used this method in the past,...

How does a hard money loan actually play out? My first deal will most likely be a BRRRR. If I get a hard money loan, when do I pay the interest and what does that look like when analyzing a deal? Does anyone have an e...

simple question! How do you pay yourself from your rentals? How much do you reinvest? I have to admit i love talking $ when it comes to financial strategies and goals. I'll go first.Im small time with only 3 propertie...

Hello,I would like to understand how the section 121 exclusion and 1031 exchange could be applied to a 3 bedroom condo that I own. I lived in the condo as a primary residence for two and a half years, so therefore qua...

I have a property I would like to sell and use the 1031 exchange provision to buy another.  My current property is in my personal name.  I plan on exchanging into another property (possibly several) in my personal nam...

Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...

I am currently building a plan to start my REI business. I am curious as to what are people's opinions on debt, emergency funds and cash reserves before getting involved with an investment property? I think credit car...

I'm so thankful that I came upon this community, blog and podcast. I'm really excited to get started in real estate investing, but to be honest I'm a little intimidated on where to begin! I've been drawn to real estat...

I am looking to buy a property and am using an agent that I have worked with before and I am happy with how it went. However a discussion occurred today that I am not sure how to interpret. I asked her if a subject pr...