Jordan Northrup
Need an alternative to Stessa
11 December 2024 | 8 replies
For the most Service has been responsive, they're adding more functionality, though wish I could track maintenance/repair requests and service fees for rent, but the cash management is what's keeping me here for now.
Scott Esmail
Double taxation for foreign nationals ( Canadian investor)
12 December 2024 | 6 replies
Double taxation would be when you have to pay US income tax and then also Canada income tax and you don't receive a credit for your US income taxes.
Julio Gonzalez
Cost Segregation Reclassification Percentages
11 December 2024 | 2 replies
Generally, the properties that benefit the most from a cost segregation study are properties that are remodeled, expanded, purchased or constructed after 1987, the year in which the Investment Tax Credit was enacted.
Garrett Karnath
How to reduce prepaids/closing costs?
10 December 2024 | 5 replies
As mentioned seller credits are the best path as title insurance and taxes are pretty much fixed.
Victoria Redlin
HELOAN or HELOC, (December 2024)
14 December 2024 | 4 replies
I usually work with my local credit union where I have developed a relationship over the years.
Max Nathan
Investing in a far away market
17 December 2024 | 12 replies
Cash flowing well on every SFH and small multi family deal I've done in Upstate NY, even with my first having an interest rate above 10% due to what my credit was.
Maya S.
Refinancing a NNN
7 December 2024 | 35 replies
Quote from @Chris Mason: Rather than starting with one lender and going back to the tenants, another approach would be to work with a commercial mortgage broker who will put the full credit package in front of 10 or a dozen lenders, and see what they come back with.For example, for scenarios like this, I've seen lenders come back and offer a new loan that has a maturity that's coterminous with the lease.
Craig Oram
JWB experience - My thoughts, let me know yours
30 December 2024 | 24 replies
Their online payment system doesn't recognize non traditional banks (credit unions) so your hit with $27 fee to pay with debit or have to take time out of your schedule and go to a Western Union for a $3.95 fee.
Simandu Yakubov
Is there good project management software for Managing Multiple Property Renovations?
7 December 2024 | 1 reply
. - Products & Services enable us to track each 'phase' of the rehab. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.
Brendan Duggan
Private Lender in inaugural year!
13 December 2024 | 4 replies
Speak to everyone.You might investigate a wholesale line of credit if you are doing enough volume.