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5 December 2024 | 11 replies
It doesn't make sense to partner with complete strangers on the internet that are mores likely to use your money and screw you over.
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10 December 2024 | 8 replies
Secondly, if you do offer these services at your property, do you use your business account, debit, or credit card to pay for the memberships?
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8 December 2024 | 4 replies
Yes it’s common to have an additional guarantor who has a balance sheet added as a credit enhancement.
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4 December 2024 | 1 reply
Signs of this are poor lease quality, maybe M2M tenants, high expenses (unnecessary things like high trash bills, internet, cleaning, security).
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9 December 2024 | 15 replies
Talk to all of the local credit unions.
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9 December 2024 | 2 replies
Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....
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7 December 2024 | 7 replies
You also don't need to send them if you paid with credit cards or via intermediaries like PayPal Business.
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12 December 2024 | 37 replies
@Mary LopezNot sure if you're still looking for debt, but credit unions are a great place to look right now in this part of the market cycleGino
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9 December 2024 | 6 replies
I know some mentioned about developing banking relationships and I totally agree with that, so here is what you do. 1) Open a business checking account in the name of your LLC to hold the assets. 2) Deposit your cash into that account to fund the real estate purchases3) After owning for 60-90 days, talk with a local lender about a line of credit against the 2 properties at 60% LTV. 4) After about 30-45 days, have the line open to use if you need that liquidity that you used, but until then you are not paying 7% interest on nothing.
8 December 2024 | 3 replies
Get your credit cleaned up, ditch the car payment and find a side hustle to grow capital.