William Harvey
Accounting for house flippers
10 September 2024 | 29 replies
Now, I manually export CC and bank statements into CSV files and then separate each transaction where it needs to go.
Michael Gonda
What to do with $3 million in equity
9 September 2024 | 52 replies
Would that be more or less interest than a typical bank loan?
Vida Lolitaa
Shipping container investment
9 September 2024 | 0 replies
What are the best areas to build a shipping container home, buy a multi family or buy a fixer upper home without breaking the bank but still be in a decent area?
Ryan Prange
What Business Structure to choose?
6 September 2024 | 9 replies
right now I manage everything using Sessa and have individual bank accounts for each property.
Joseph Scorese
Key Differences Between DSCR & Cap Rate that a Real Estate Investor Should Know
10 September 2024 | 3 replies
Investor & Lender Focus DSCR: Lender-centric metric: Banks and lenders use DSCR to assess risk when underwriting loans.
Jonathan Soto
Using HELOC to become a HML
7 September 2024 | 4 replies
I find this level of underwriting lacking with many flippers as well, failing to properly consider the holding costs, insurance costs, taxes, etc.
Gurusubramaniam Sundararaman
How do you get loan for property purchase - With out being employed.
9 September 2024 | 15 replies
If you know someone who can lend you the funds, they can act as the bank, and you repay them with interest once you execute your business plan.
Josh Cocker
Low Inventory Mutli Family Market, Finding First Deal
9 September 2024 | 8 replies
Honestly, two things I'd start with are1. skip the banks - Get creative with sellers.
April Birdsong
Security Deposit for Lease for 1 year in advance.
6 September 2024 | 6 replies
If you call it a Holding Deposit, you can keep it as damages if the renter fails to meet certain obligations.I would not agree to hold the property until they pay the money in full.
Miguelli Fernandez
Final Steps before commiting to my first out of state rental.
13 September 2024 | 50 replies
An LLC would be useful for banking, accounting and tax return preparation.