20 November 2016 | 12 replies
I plan to self manage using the buildium platform to automate a lot and screen tenants.
3 November 2016 | 3 replies
That may be the way to go so you can get traditional financing and you can subsidize your mortgage.
19 November 2016 | 3 replies
-Zapier: Connects platforms (like Google Voice and Insightly).Quick tutorial that's missing a ton of detail - get in touch if you decide to do this and you need help:Step 1: Register for accounts.
4 November 2016 | 7 replies
That's why I figured networking might be a better solution than the traditional route.
5 November 2016 | 8 replies
I currently have 5 traditional single-family loans plus a HELOC on my main residence.
6 November 2016 | 2 replies
That's the traditional way to do a BRRRR, but you could also just buy an owner occupied home as a live in flip, or purchase using a rehab loan.When the bank owns the home they can do many things.
3 November 2016 | 1 reply
That will save you better than any LLC.Now to the LLC.1: Wholesaling houses - Try to do the contracts within an LLC and limit your liability.2: Doing rehabs & Construction - Same as above.3: Rentals and you have a boat load of cash, you're putting down large down payments and getting commercial loans - Same as above. 4: Rentals and you're are getting a traditional loan - Then everything has to be in your own name and have an LLC does you no good.
28 March 2017 | 18 replies
I vet all tenants, even if it may not be the traditional vetting process.
7 November 2016 | 14 replies
Even in an extended power outage, you can still cook on a gas stove if you have matches or a lighter, a traditional gas hot water tank does not need power so you'll still have hot water and it only takes a small generator to power a gas furnace, although Missouri winters are fairly mild compared to here (Chicago area).My $0.02...
8 November 2016 | 22 replies
I have talked to a number of rental home owners who are making really good money competing against local motels for busines/family/etc. travelers by renting out investment property on a nightly/weekly basis as opposed to a traditional 12 month rental lease.