Last year, however, life threw me a curveball in the form of a serious car accident that left me with multiple fractures and depleted my savings and credit cards.

Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.

It just costs you to change out your business cards and signage really...Good luck.

@Kristi TietzI'd be very careful using this tactic to get started, especially if you plan to use borrowed money to lend out such as HELOC or credit cards.

Has anyone personally used credit cards to purchase real estate?

Allows you to build your process in pipelines with kanban card view.We do some Private lending so this allows us to track loan progress, quality checkpoints, closing and post closing.

You could also consider unsecured term loan options and zero percent credit cards depending on your credit profile and income.Temporary Fixes: If a full repair isn't feasible right now, you might consider temporary solutions.

Hi Chok,Thanks for your comment.We are happy to buy the property back and to put an end to this saga.For all who want to see "our side of the story" per se can reach out via private message and we will gladly show our cards/facts.As unsophisticated as we are in many aspects of this business, we have learnt the hard way that it's absolutely necessary to track everything.Let's put this to rest and as mentioned above, most is visible for all to see and decide.There is no need to retract any of the negative online comments you made.We appreciate them and they will make us better.We are buying the property back because we feel it's the right thing to do and not for any comments to be removed.I wish you all the best with your endeavors.

Here's what I'd want to do either way: I want to install security cameras on each property I buy and put them on a sim card plan so I can view my properties at any time.

I live in Seattle, not because I like it, but because my company make green card for me and I must stay here till the end of the process.