We recently acquired a property with tenants who have been perpetually late paying rent. It didn't dawn on us that our PM has been charging hefty late fees until recently when they sent a statement with the late fee u...
I had a rental payment processed on 10/4/17 and still haven't received payment. Their Facebook page has a post saying processing that's normally 2-3 days will be 3-5 because they're changing banks. They never sent not...
I am currently looking for my first rehab project and had some questions on the accounting process. I am assuming that I will need to track the amount of money used for the repairs, holding costs, realtor fees, etc i...
The market has changed so much over the last 2 years, I'm finding that posts and other reference points on what's a good deal from a few years ago don't seem accurate anymore. I'm buying turnkey properties from out of...
Investor Jim Rogers said "I would not be buying U.S. Real Estate" in a podcast two days ago. He then adds "The Chinese rush to buy U.S. Real Estate is probably a sign of a top in that market." Jim Rogers is a respecte...
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
OK. Thanks Josh.
There was another thread on donations that Josh started, but I didn't want to reply there, because more will read something for FREE than something asking for a donation!
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How or where can I find reliable and serious Cash Buyers?
I’ve recently come across the concept of “personal banking” through “overfunding” whole life insurance policies and leveraging the cash value to buy assets.In theory it sounds like a can’t loose situation. You have a...
Hey all,There have been a few articles on CNBC talking about new home sales plunged 25% in recent months (YoY) and also today there is an article talking about existing home sales also seem to trend down comparing to...