Aside from making deposits, most of my expenses are auto pay and made through my online banking.  

Right now, I'm using Zillow with the filter set to only show sold properties on the map.

We are set to close on a 9 unit property on Friday.

Hello everyone, I am a fairly newly licensed MA Realtor and am about to purchase my first multi-family property in Western Massachusetts.I’ve done some flips in the past that I’ve lived in and resold years later, but this will be my first multi family property to rent out, and I’ll be buying it cash.Without it being financed, I have some additional concerns over keeping things anonymous and ensuring that an LLC is set up properly for protection.A local real estate attorney has quoted me $1,000 to establish an LLC, in addition to the MA filing fee.

I'm an investor in Massachusetts and I'm curious if there's a creative way to set up the landlord/tenant account that holds the tenant's security and last months rent deposits in such a way that the annual accrued interest can be paid to the tenant automatically...As of right now I'm required to manually send a check to each one of my tenants on their year anniversary.

On a side note, if your uncle passed away after age 70 1/2, the IRA can generally be distributed over his life expectancy which will help your father in spreading out the tax payments.

Aside from getting him a better tax person (no such thing as a 100% tax rate yet!) 

You will absolutely want to have an exit strategy set in place.

I am not set on a particular part of town but I have been focusing on both the near east, south, and west sides of downtown.  

There's a lot of discussion around partnerships, private lending, and hard money, but I don't see much discussion on the actual mechanics - what these arrangements look like in practice.My hope is this post can serve as a reference for those starting out, so we may get a better understanding of how these strategies are actually implemented as well as an ability to more accurately predict the profits and returns you and your lenders and partners can expect.If those with more experience would like to revise these numbers and statements, it would be most appreciated.These scenarios assume you, the flipper, are bringing none of your own capital to the deal.Typically, this would mean 1 of 2 scenarios...Private Lending - Someone you know brings 100% of project costs (purchase, rehab, acquisition costs, holding costs) to complete the deal and in return, they get a certain percentage return which comes out of your profit.Hard Money + Partnership - You get a hard money lender to cover 80-90% of purchase+rehab and a partner to cover the remaining 10-20% as well as acquisition costs (including hard money origination and points) and holding costs (including hard money interest payments).An aside about the structuring...Private Lending - A promissory note is created, and your private lender lends to you or your business.