Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
6 January 2025 | 31 replies
Many laundromats take card payments these days, which is very helpful in verifying revenue.Look at the lease terms – long-term leases with reasonable rent increases are important for keeping costs predictable, and can also be important for securing financing.Also, check out the equipment and figure out what repairs or upgrades might be needed in the near future.
Allen Berrebbi
Jasper Arkansas Investing Potential
31 December 2024 | 6 replies
I read an artcile in The Economist not too long ago that mentioned how smaller towns like Jasper can offer stable rental demand if you play your cards right...
Matthew Beninate
Business Bank Accounts
1 January 2025 | 13 replies
-Cash Back on debit card payments (THIS IS THE BEST)-Higher APY than is typical on checking accounts
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
29 January 2025 | 54 replies
Our market is lucrative with a 30k employment Air Force base, healthcare, transportation center, Amazon etc as big employers.
Angelo Llamas
Taxes on a new rental
30 December 2024 | 6 replies
@Angelo LlamasAt the bare minimum, you should do the following to make your bookkeeping easier:- Dedicate one checking account and credit card exclusively to real estate.
Jacob Hrip
Best financing options for a first time investor?
9 January 2025 | 9 replies
You want this to be your backup plan if things take longer than anticipated, you do not want to dip into personal credit cards so i would use a heloc to help with down payment but try to keep a nice available balance on a heloc as your insurance policy.
Robert Williams
Tenant Request to Refund Pet Deposit for the Holidays —How Would You Handle This?
3 January 2025 | 12 replies
Additionally, I mentioned that I had sent them a small holiday gift card as a token of appreciation (which I send to all of my tenants) and wished their family a peaceful and warm holiday season.Your insights helped me craft a response that balanced kindness with maintaining boundaries, and I truly appreciate it.
Aaron Raffaelli
DSCR Loan for a first time REI
19 January 2025 | 18 replies
Be prepared to show a lease, some utility bill, or credit card statement showing you live somewhere else.
Michelle Gonzalez
Are tenants hacking Zillow's credit score tool?
27 December 2024 | 4 replies
It is easy for people to download fake W2s, ESA paperwork, etc, with a few mouse clicks and a credit card.
Shayan Sameer
Using Home Equity for Fix/Flip or rental property
6 January 2025 | 8 replies
Get knowledge, follow experienced people, and leverage wisely.My Take:If you have two houses, excellent credit, and motivation to build wealth, you can learn to manage your money responsibly.Use HELOC, credit cards, and business credit funding to leverage your cash and buy properties faster.