Sriram Kumar Bikkina
Keep an eye on fraudulent private lenders
Hello Everyone,I am new to RE investing and am closing a deal by end of next week. I was almost a victim of mortgage scam and wanted to share my experience here so that it can help new investors.Background: I closed a...
Calvin Schmeling
How should I go upon working with a new partner
Me and another person plan on going 50/50 in a wholesale business. The thing is I know I will put way more time and effort into the business and turmoil will eventually breakout possibly. Let's hope that doesn't happe...
Malikah Planas
Putting a Property in an LLC?
Hi, what is the benefit of listing a property with the LLC, for example, I saw a home on Zillow that was purchased by someone using the street name ex: 2345 Anywhere Dr. LLC I also saw the business was formed when the...
Matthew R.
Security Deposit Return Question
Sort of an interesting problem, for me at least. Hopefully it is a really easy answer and I am just overthinking it.Rented out a unit to 3 people, A, B, and C. They all signed the lease with a $700 security deposit ...
Ashish Wa
Help with Lease questions
Hello I have a question. So on the lease, is it good to have just me as the landlord if the property is jointly owned by my spouse and I ? Any pros and cons of just having me as the landlord ? Or it's better to have b...
Holly Polf
Communications in PMS and booking platforms vs virtual number
I was looking into a virtual number such as from RingCentral so that I wouldn't have to use my personal cell in any guest communications, but I also noted that many of the PMS such as OwnerRez and Lodgify offer SMS me...
Jerome C Brown
trouble with hard money lenders
I'm having trouble with trying to find hard money lenders to lend to me because of the amounts of my purchase. The amounts of the purchase price of the properties that I'm pursuing are only $20,000 with a $15,000 reha...
Nancy Wang
ex-tenant's guest asking for my insurance to file a fall claim
Tenant has moved out 30 days ago. Today received a text message from a lady saying she had a fall in my property when it was rented to that tenant. Tenant's insurance has assisted her. Now she is still not well and ne...
Johann Jells
Bank to handle multiple security accounts with NJ presence?
I'm fed up with Capital One. They've literally taken hours of my time, every time, to open security accounts, and then screw them up most of the time due to poor training. Then I found out they have a system for bigge...
Stephen Jones
1031 exchange funds into a vacation home/rental
BP,I was hoping someone could answer a quick question for me. I have a large multifamily rental portfolio. Let's say I wanted to sell one of my 8 units and exchange those funds in a 1031 into a vacation home/rental (m...