
18 November 2024 | 12 replies
Maybe you have access to a HELOC, or you have access to a brokerage account you can pull from.

15 November 2024 | 13 replies
Just make sure your PM has excellent accounting practices in place as trust accounting can get out of control fast.

21 November 2024 | 2 replies
You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring.

20 November 2024 | 13 replies
Hey @Ana Mills, I also agree with separate accounts for each STR you have.

19 November 2024 | 23 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

14 November 2024 | 21 replies
(although, with the new smart phone technology, they do require gmail accounts, as such, sending from that account from your phone is fine, but you should be sending to people who already know you have a real email account.

22 November 2024 | 12 replies
@Lisa Mallory Did you get a tax accountant?
19 November 2024 | 10 replies
At least until you have done your due diligence to understand the steps of being a landlord.Of course they want the address...They always want to see the property before being "prequalified"...There is salesmanship involved with finding a good tenant.

21 November 2024 | 3 replies
So getting one involved now and sooner rather than later is a great move on your part.

21 November 2024 | 2 replies
. - What driving factors should I take into account when l'm looking for an up n' coming hot markets?