I like the power of leverage and I will borrow cheap money whenever I have the chance.I do think that some people are sugar coating the PITA factor that can come with using bank financing on rental properties though.

Certainly they spent another 20 -30 minutes on the purchase side verifying they had made a correct decision but the saying " you never get a second chance to make a first impression" applies in my mind when tenants view our properties so we make them look like a shiny penny!.

It is amazing what you can get that looks like new for pennies on the dollar.

Yes, Cook county is definitely on the hunt for every penny they can get their hands on.

We refinished the floors, completely redid the kitchen, painted, replaced vanities, toilets, sprayed the tile in the bathrooms with enamel paint, replaced sliding glass doors, HVAC, interior doors, and regrouted and coated the sunroom brick floor, repainted the siding on the exterior, and had some minor landscaping done.

Many old homes had tar or other coatings on the outside of the foundation that has simply deteriorated over 40 - 50 years or more.

I just pulled out 50K off of a single card to have extra funds for this crazy time. 0% for 12 months. i did have to pay a 3% transfer fee, but it's worth every penny to have that cash on hand. 

Don't miss this brand new webinar... and don't forget a coat.

I have no experience in wholesaling, but have worked in a home office environment many times in my life.I have to work by a schedule, I have to be dressed and "in the office" (note dressed doesn't mean a coat and tie, but showered/shaved and ready to go to work) at a certain time (usually for me its 8:30).

@Javier Cuevas SantosUnfortunately Stessa is not even in the minor league compared to QB.I tried Stessa and found it not at all user-friendly.But that was a year or 2 ago when they were just launching.They may have upped their game now.If you can get by with excel,that’s fine.But when you need an accounting software,cut the chase and go to QB.Anything else is penny wise in my opinion.