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Results (4,978+)
Mike McGee Landlord Accounting / QuickBooks question
18 June 2018 | 24 replies
If you drill into the transaction is it Debiting your checking account and creditng AR?
George Sleweon Should I invest in REIT for now???????
22 April 2016 | 12 replies
Consider bonds.Consider prepaid cards at 6% APY.Best of luck, 
Richard Lee TN - Gatlinburg/Pigeon Forge/Sevierville STR taxes
13 May 2021 | 38 replies
Then they calculate your taxes, debit your checking account, and pay all the right agencies. $20/mo plus $50 one-time setup per property.
Bobby Thompson Deals for Active Duty Military Personnel, Veterans, and Brats
23 July 2015 | 13 replies
There is a funding fee of 1.5% I believe which is essentially prepaid PMI.
Ryan Marchand Professional Deal Analysis - Impact of Prepaids on CCR, Proformas
12 February 2024 | 4 replies
All figures are generated for illustration purposes only and do not reflect actual figures of any of our current/past transactions.Questions:1-If our debt package requires 3 months of prepaid P&I ($15,000), should we increase our Sources & Uses schedule to account for this figure, or do we anticipate the property to perform & simply borrow funds short-term from ourselves or 3rd party credit until operating incomes can pay back the short-term loan?
Heath Jones Double security deposit in leu of poor credit score?
23 March 2020 | 29 replies
We can however charge a cleaning fee or maybe the first 2 months in advance (which also might be a bit edgy here but better then security) -  Every state/city has their own rules on this so just make sure you know how much you can charge for security or pre-paid rent - you don't want to get yourself into a bind down the road. 
Adam Collopy How do I assign my rental under my newly created LLC?
17 September 2021 | 32 replies
Your LLC collects the rents (your tenants make out their rent checks, money-orders, etc. to your LLC, not you) and your LLC pays the bills, with its checks, debit cards, bill pay, etc.As to your second question, no, pretty much whatever deductions you took personally will still be taken by your LLC.
Jake Miller Using a vacation home as an Airbnb
24 June 2022 | 22 replies
We bought it as a vacation home with 10% down then pre-paid PMI.
Steve Pickenpaugh cash out refi a good deal?
15 April 2020 | 4 replies
My wages have currently been cut by%50(auto mechanic) but wife's not affected .No credit card balances or other "bad debit" other than 2 auto payments...
Geoffrey Robinson Cash out refi
18 May 2023 | 15 replies
Non owner if the market value you state has comparable sales in past three months you have $56000 available less expenses.Title, settlement, recording -2200appraisal                             - 700rent survey                          - 150loan fees                             -995points depend on what you choose but non owner minimums are about 1.5 - 2%leaves about $47700 cash  without prepaid interest, taxes and insuranceIs that cash amount going to be enough to compensate for a higher interest rate?