I have a lease where my tenants should pay with a check or through a website. They paid me with cash once before, How do I deal with something like this when your tenant is trying to pay you with cash?
I am looking to rent out an apartment in Newark, NJ to a section 8 tenant (my first time). Does anyone know exactly how the fair market rent value is determined? Is it done independently by an appraiser - or can I sup...
Hi, I am new to rei and was wondering if it's better to pay extra on a mortgage or just pay minimum to receive the tax benefit and extra cash flow? I guess what I was thinking is if I'm getting (for easy numbers) $100...
Looking for someone who's done a lot of section 8 BRRRR deals to share some insight. I mainly flip right now, but looking to build something for the long term with a partner. STL, Detroit, and Philly seem interesting...
I am struggling with understanding how using a HELOC for a down payment on my next property is any different than financing 100%?I realize how a heloc works and the advantage is using accrued equity instead of cash sa...
Hello fellow members,I am looking for rental software that allows online payment AND in-person bank deposits. Is this even available?I have 12 doors and have tenants that want to pay in person. Some are older, some ...
Please help, I am considering an investment in a 4-unit university type housing in Col umbus . I'm not a PRO member, so I can't post the deal analysis, but here are the details:$350k purchase price$2500 in deferred m...
If a neighborhood kid mows your lawn do you 1099 them? What's the impact of not sending the 1099? Do you lost the payments on your expenses?
Hello everyone, If you are like me you want to start purchasing rental properties but currently lack the required capital for the down payment on an investment property. There are some great books out there on how to...
I just came upon some cash and was wondering if it would be better to pay off my 2 auto loans ($55K @ 3.00%) to decrease my debt/income ratio and therefore allowing me to borrow more money. Or, take that $55K and p...