
30 October 2020 | 16 replies
I had one gal that did nothing but split payments every month we usually had about 200 loans on the books at anyone time.In Oregon fractionalized loans are a security so you need the security docs.. which as stated is a whole nother level of pain.I liked the bank LOC the best although the PG is required.. so if thats a non starter for you.. check out if you can fractionalize the debt obligation.. and then have some very good language in your debt instruments about how you handle a foreclosure.. our bank LOCs as stated above were all 5 million and up.. we could go 75% ARV on our loans bank then would loan 80% of what we loaned..

26 October 2020 | 19 replies
I have a colleague at work that did the same thing with taking out the 401k loanI’m not a financial expert, but I think it’s a good idea for someone that’s younger, has decent job security, and is planning on continuing to work at the same job for the next 5 years.

19 October 2020 | 14 replies
I caught an intruder in my STR with a security camera that sends its video to my phone.

29 November 2020 | 27 replies
Also, never again to simply rent out to the first person that hands you your first month's rent + security deposit in cash.

16 October 2020 | 8 replies
Can you please give examples of techniques that have worked for you, ie paying children a salary and converting to Roth IRA’s, setting up trusts, 1031 exchanges, and so on...

16 October 2020 | 3 replies
Keep the accounts for the property separate, including a separate account for holding security deposits.
29 January 2021 | 11 replies
COVID made me realize that no job is 100% secure and I'd like to have more options in the future.

20 February 2021 | 5 replies
I’ve been listening and learning from the podcast for less than a year, before getting started I’ve secured a property owned by my grandmother.

24 October 2020 | 13 replies
Sometimes it is the squatter who fakes the whole lease situation and other times it is someone posing as a Property Manager who takes the "tenant's" security deposit and rent under a scam.
16 October 2020 | 2 replies
I just crested 50 and my wife and I are jumping into the Real Estate market to move towards creating wealth and security in our coming years.