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5 January 2025 | 5 replies
In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.
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3 January 2025 | 5 replies
@Steven HsuBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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6 January 2025 | 11 replies
@Michael Klinger As others posted, SoFi and Discover personal loans are good options and I've used them in the past. 2-3 business days from application to funds in my checking account.
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8 January 2025 | 20 replies
It probably won't come close to $150K.Run the numbers if you put the profits into a savings account paying 5% interest and see how that compares
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7 January 2025 | 1 reply
I learned how much an escrow account check matters to your overall mortgage payment.
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15 January 2025 | 24 replies
Don to me passive you are not on the Checking account and Active you are on the checking account.
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13 January 2025 | 11 replies
Rather than use credit score as a criteria, I reject for consumer accounts in collections and unpaid civil judgments.
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6 January 2025 | 38 replies
Account Closed 100% they are
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9 January 2025 | 18 replies
Of course, what they paid isn’t going to take into account the money they have spent on renovations or remodeling, which can be substantial.
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7 January 2025 | 0 replies
I learned how much an escrow account check matters to your overall mortgage payment.