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I haven't seen any negatives mentioned about having tenants drop off rent payments at the bank, but here's something to think about. My uncle set up a Deposit Only account at Wells Fargo authorizing a real estate clie...
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Hello,My wife and I use the following questions to initially screen prospective tenants prior to showing them one of our units. What questions does everyone else use?Can you please tell me why are you moving from you...
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Hey everyone:)I am planning to buy a single house in Clevelend in BRRR startegy with a partner (we both have good credit scores around 780). Together we plan to buy a single house and after that to refinance and buy m...
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Hi All,I am looking to start my first very low investment business. This would be under an LLC and initial investment needed would be a personal loan to my LLC OR booked against an LLC credit card. I have some persona...
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I have never bought a house. My first property will be a rental property that we don't live in. If we can put a down payment and get a loan for the rental, how would that affect our ability to buy our own personal res...
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Hello,
I'm kind of new to real estate investing and first time posting on bigger pockets! I have been trying to self manage a couple of properties for the last 2 years. Haven't had many issues except I run into thing...
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Hey Everybody,Many people face this challenge. Should you pay off debt such as a car, credit card, or student loans first? Or should you take the same money and buy a cash flow income property? What would you do an...
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My name is Ami and I have made a pretty big mess of things. Here are some details of my life:- Sales Manager of a sales team in the IT universe earning about $85k/yr- Wife has an office job paying her $60k/yr- We owe...
What is a Condo Hotel, and are they good investments?
I guess that depends on whom you talk to.
I have been involved with Condo Hotel for many years; In business relationships with companies that manage them, and al...
My income and savings don't allow me to get into real estate alone. I've been trying to find an "out" and I managed to get my parents to consider the prospect of lending me some help but they are the glass half empty ...