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Results (10,000+)
James R. Off Platform Bookings - Too Risky?
30 August 2024 | 25 replies
Just remember that if you do direct booking and have a cancellation, your credit card processor will keep that 3% fee, unlike Airbnb or Vrbo. 
Joyce A Debrah Syndicate vs. BRRR
2 September 2024 | 12 replies
You should not put more than 20% of your money in any one deal - in case that deal goes badI was reading some posts elsewhere yesterday where people were taking out $50k advances on credit cards at 0% to invest in a syndication which went under.
Mike Maher As a contractor, would access to credit/capital help your business within 12 months?
30 August 2024 | 0 replies
For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check:  > Funding your business with your home equity or personal savings/guarantee is a HUGE risk  > ~45% of Small Businesses applied for a Business Loan in 2023  > Less than 2% of SBA Loans are actually funded/approved  > 29% of Small Businesses FAIL because thee run out of Capital  > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it)  > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!
Mark Nashed Showing property to prospective tenants
31 August 2024 | 3 replies
I was thinking of putting the keys in a lockbox and asking the person interested for a copy of their drivers license and Credit card to make sure no damage is done to the property and keys are returned.
Zehua Zhou As the solo 401k Admin, can Fidelity's account be sufficient?
30 August 2024 | 6 replies
@Zehua Zhou,You can use a Fidelity non-prototype account to manage the rentals, but it will have some of the features available with the bank's checking accounts, such as having a debit card, mobile deposit, and bill pay.
Omri Avital Airbnb Arbitrage Average Profit Is It Worth It ?
30 August 2024 | 6 replies
People are being more cautious with spending as stimulus money is gone, cards have high balances, many folks are losing their jobs and inflation prices are very high.
Travis Bobo is this a scam or legit?
2 September 2024 | 34 replies
Or worse, a program will advocate taking out a loan or credit cards to pay for the program.Anyway, if you want to go for the program, go for it.
Brandon Hutslar Tenant Payment Issues
29 August 2024 | 9 replies
No ACH, no credit card.
Jenna Bamlet Business partner separation
28 August 2024 | 17 replies
We agreed upon the profits from the Airbnb's being for the property bills and debts that have accrued while working together, i.e credit cards and other loans pulled while those specific properties were being renovated.
Jason Malabute tax prep and accounting cost
29 August 2024 | 23 replies
If it is a brand new entity with 1 to 2 bank accounts with no credit cards, it might be cheaper.