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I just met with a woman at the rental. Her source of income was SSI + child support. As it turns out, they did not meet my minimum income requirement (3X monthly rent), so they didn't apply.
I've dealt with SSI befo...
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I am creating an investment group with several friends, who do not know each other. Our plan is to purchase and flip homes in our local market. We are creating an LLC, and I wanted to find out if anyone has done thi...
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I know every investor is faced with this question. Self manage or hire property management? I have self-managed my SFR portfolio (8 properties) quite successfully and developed some great systems and processes. But...
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I’m new to REI. I jumped into my first BRRR deal and closed a couple months ago. Rehab is pretty much on schedule and on budget but as I’m getting to the rental phase I’m getting a little nervous about my cash flow a...
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Hi everyone,
I have a potential deal that has a few different pieces involved. I'm looking for input on how(if possible) to make this deal work. Here's the situation... My mother is an RE agent and has a client loo...
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So, I got up this morning:1. By 9am I was texting with @Serge S. . That only took 90 minutes - we didn't have very much to say to each other today :)2. By 9:30, @J Scott texted and said he wanted to talk3. By 11:30 ...
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Purchased a home two years ago, had a home inspection. Inspector mentioned minor cracking in stem wall, nothing of major concern. Suggests having a foundation specialist look at if there is concern, which was not done...
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I'm considering Hawaii in particular but was wondering in the broad market as well, does the 50% rule hold true for vacation rentals? I know the expenses are different given the nature of the revolving door that vacat...
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Closing on another duplex soon and would like to know how long you guys wait after closing to quit-claim the deed to an LLC?
Also, do you guys have the mortgage company ACH the mortgage payment from the LLC's bank ac...
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Hi,I'm a co-owner of a full service real estate brokerage in Tucson, AZ, and we have a property management division that is in the growth phase. We are at approx 270 units managed, with 100+ owners. We don't really ta...