I'd strongly prefer to have a cash-less payment mechanism though, ideally a phone or a card that you can add funds to with a credit card or phone, so that tenants aren't forced to use coins or cash bills.

I probably wouldnt have a debit card to it either.....

Household debt has hit a record high, rising to $17.69 trillion in the first quarter of 2024, with credit card debt alone averaging $6,360 per borrower, per CNBC.

@Joshua SunThe appraisal is often the biggest wild card in the BRRRR process for SFR.

Hi guys, so if i use my business credit cards with a liquidator to turn credit card into cash and i use that money to invest with, when i go to make payments to pay back my credit cards is that money i use to repay the cards taxable???

When the “guru” encourages people with no capital to extend the lending limits of their credit cards to pay for his mentorship program suggesting that they will be able to pay it off with the proceeds of their first “deal”. 

For example, you can use credit cards for vacations you can't pay for. 

However, by emphasizing their security deposit and concerns about repairs every tenant we've approached using this system has signed our lease.Someone from maintenance stops by to introduce themselves, give a business card and ask if there are any repairs that need to be addressed in their unit.

If you're applying for a Conventional/FHA/VA/ or USDA loan, then they will do a "global cash flow" where they take into account your PITI (Principal + Interest + Taxes + Insurance (hazard and flood) on all properties (second mortgages included), HOA payments, car payments, student loan payments, credit card payments, and installment loan payments in the numerator and your gross income in the denominator.

Or for taking credit cards, or for doing title research/when to use a title company etc.Hope you find the land you're looking for!