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17 April 2024 | 2 replies
Our credit score stands in the low 700s.
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17 April 2024 | 5 replies
Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.
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15 April 2024 | 10 replies
Again all of this varies depending on what you are trying to do, and other financial aspects related to you, but these are common aspects of deals, funding etc.
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17 April 2024 | 7 replies
If you have a low DTI, sometimes lenders will just add points to your quote to make the rate look more attractive and hope that you don't notice the buy down.
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14 April 2024 | 5 replies
Would you create a private REIT or a private Fund, and why?
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17 April 2024 | 10 replies
It is now being forecasted as one of the fastest growing markets in the U.S. and prices are still relatively low.
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18 April 2024 | 15 replies
We had a handful throughout the 2000s and payoffs were maybe low of 150k is up to 500k.
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15 April 2024 | 0 replies
So I was buying repair items for my rental at Home Depot and I forgot and used my personal debit card...is there a simple way of expensing the items and paying for them out of the business account AFTER the fact? The...
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17 April 2024 | 9 replies
@Kory SantaellaIf these have mortgages you don't need them in an LLC.A LLC can also give you a false sense of security.You may be subject to due on sale clause on your low interest rate loans.
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17 April 2024 | 18 replies
I'm a credit union person overall- it can be a little less friendly for multiple accounts, sharing funds ect.