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Results (4,981+)
Tony Dinh $6850 in closing cost
19 June 2019 | 10 replies
My closing cost is usually $500 for my attorney, $100 for title insurance, $26 recording fee, and any prepaid taxes paid by the seller.
Christopher Rogers Expenses before LLC set up
5 June 2019 | 2 replies
Or your bookkeeper can do a journal entry to credit expenses and debit owner contributions if you want to leave it in the LLC as owner equity.
Stewart Perez Where do I start?!!!!
7 June 2019 | 12 replies
I agree with @Jacob Sampson and @George W. start by building your credit, pay off debit, save money, act your wage, etc. 
Thomas J. Clifford FINANCES & BOOK KEEPING: Most effective way to budget REi funds
7 June 2019 | 3 replies
In the cash world, meaning non-retirement but in an LLC, we have two different entities - one that we'll call RSP is the 3 of us each being 33.3% owners and the other our LLC, RSP, being a 50% owner and a Private Investor being the other 50%.We keep a separate checkbook for each of these, and each of those has a debit card for that account so all supplies can be billed to the properer account and we dont have to deal with one account reimbursing the other. 
Adam Craig Critique my tenant screening process.
11 June 2019 | 20 replies
The system that we use requires a debit/credit card, a picture of the front and back of their license and answering some pre-qual questions.
Lorraine Patterson Closings cost on an investment property....
13 June 2019 | 20 replies
@Lorraine Patterson I typically see investors bring 20% down, around 2k for closing costs and 3k for prepaid and taxes.. this is for a property that's around 70k. 
Michael H. Self Managing Multiple Properties
17 May 2020 | 10 replies
I'm basically looking for a site that I could direct my tenants to and they can use their debit card to pay rent.
Michael M. New Rental Laws - How will this affect small-time landlords?
28 June 2019 | 5 replies
"Last month" is not allowed as that's prepaid rent.https://www.nytimes.com/2019/06/21/nyregion/rent-laws-new-york.html
Billy Musto Is 10k enough to start in Pittsburgh area?
28 June 2019 | 5 replies
Tips:- Use either FHA or FHA 203K loan - Negotiate full seller assist (6% of purchase price)- Buy a property with tenants in place, close on the 1st/ 2nd of the month (You’ll get the full rent credit for first 2 months before your first mortgage payment, seller will pay the pre-paid interest in closing costs)       - Ex) You buy a triplex that currently cash flows $3000.
Harry Williams Should I open a credit card for my new multi-family business?
19 June 2019 | 3 replies
We have a business checking account set up with checks and debit cards, but do not currently have much monthly expense outside of email provider and legal fees (one-time fee).