Hi all,I wanted to use cozy for rent collection but one of my tenants uses a debit card to pay. What is the cheapest/best way that I can collect the rent? I need to collect the rent in a few days so a quick response w...
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After years of doing my own remodeling and hiring myself out and recently inheriting about $100,000, I have decided to dive into real estate to put both skills and money to good use. In my initial search I have found...
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Background:
Subject property is in Texas.
We have a lot under contract with some CC&Rs from 1948 that were signed by a group of private land owners. The signatories appear to have owned land that was checker-...
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Hi! New to the pockets and found this so helpful in learning about all aspects of Real Estates. I bought in 2009 in SF and gotten some great equity since then. Ready to use it in something else but knows nothing about...
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Hello! I am investigating alternatives to online rent collection as I'm experiencing some glitches with Zillow Rental Manager. Do people have websites / apps they particularly like using? Thanks!
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We have a SFH that we are currently renting as two one-bedroom units. The property has zero debt on it and most recent appraisal was for $187,000. We attempted to DSCR this property to pull out equity but were told by...
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Hi, all, I see in this forum many people are recommending form a LLC and use the LLC to hold rental for asset protection purpose. In doing so, one of the main step is keep all the funds separate from personal funds, w...
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I've had several attorneys and CPA's mention that house flippers should treat LLC's as disposable - that is, flip a set amount of houses with an LLC and then create another LLC and let the previous one dissolve.The pr...
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Hello, I have been working on coming up with a more accurate personal balance sheet (as have my two partners in my LLCs) and personal financial statements. One things we are a bit confused on is how to show the ass...
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I've had a property insured with American Modern for a number of years. In fact, most of my properties are insured by American Modern.
At a recent renewal for one of my properties, I got a cancellation notice from A...