Jose Mejia
refinancing a property from hard money lender
19 January 2025 | 15 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Roque Miranda
Property management tool and application for tenants to pay
26 December 2024 | 6 replies
Personally I use RentRedi (free with BP Pro) for management and Zillow for applications and screening.
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
Buildium and Rentprep will also need the video tour, and the home office ownership or lease info if you want to be able to run credit/background checks directly without having the applicant submit and then approve you to receive the data.
Sami Gren
WHAT to do when adding a tenant to an existing lease?
7 January 2025 | 16 replies
The new person must complete an application and pass the screening.
Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
Though Buildium has its limitations, its financial tracking is quite robust.
Samuel Kim
Real estate professional status 750 hours doable?
19 January 2025 | 19 replies
How many applicants did you interview?
Brad Kanouse
IRA funds as down payment
22 January 2025 | 21 replies
Here are the key points:- First-time homebuyer: You qualify if you (and your spouse, if applicable) haven’t owned a home in the past two years.- Lifetime limit: The $10,000 is a lifetime limit, meaning you can only use it once for this purpose.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
Have a way to double checking their information they give you on the application.
Arron Barnes
Anyone using RentRedi for rental payments? Good or bad?
19 January 2025 | 17 replies
Your screening is limited to ONLY what RentRedi thinks should be part of the screening process, and rent payments...well, you will be reported to the IRS for the fees RentRedi charges..and RentRedi will not give you their W9 to write those off as an expense.