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21 January 2025 | 4 replies
That would be around $90,000 sitting in a savings account!
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27 January 2025 | 8 replies
Are you going to keep the separate bank account, keep corporate minutes?
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16 January 2025 | 31 replies
I don't take credit cards but I believe stripe does.
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21 January 2025 | 8 replies
Quote from @Griffin Malcolm: Open an LLC and apply for a small business line of credit from Key Bank.
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25 January 2025 | 4 replies
@Ashley Kehr I use a combination of Apartments.com for rent collection, RentSpree for tenant and background screening, and Stessa for accounting.
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2 February 2025 | 22 replies
Conclusion: Don´t give your credit card infos for "free" products!!!
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28 January 2025 | 7 replies
Mostly from a home equity line of credit.
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24 January 2025 | 5 replies
I have a call out to my accountant as well. :)
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20 January 2025 | 7 replies
That’s like depositing $300 into a savings account every month.Plus, it’s an investment property, so you can depreciate it to save on taxes.More Than $1,500This isn’t just about making $1,500 in rent—it’s about building long-term wealth.
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5 February 2025 | 4 replies
If your interest payment is $8,125Your stocks have to make a dividiend of about $11,000 of which you would prolly pay 15% to 25% in federal / state taxes / NIIT.Assuming you will make a 10%-11% return is not guaranteed.You will also feel good about having a paid off property(relief).Furthermore, your credit score may go up with a paid off property.Best of luck!