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Hi, we are new real estate investors. We just purchased our first property. The tenants are accustomed to paying their rent to the old owner in cash. This will not work for us. We would like them to use some form...
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I had a lady calling in to enquire about a vacant unit. She is on fixed income (social services), gets child support and does some waitressing on the side for some extra cash. She has 3 small kids living with her. She...
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I haven't seen a lot of discussion about this topic which surprises me since I feel like personal finance people talk about HSAs all the time! A couple months ago there was a guest on the BP money pod that said someth...
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Hello BP,I set up an LLC for my first property back in December. It is a single member LLC and I quick claimed the property from my name to the LLC's. I will have a separate bank account for the LLC, and I have separa...
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Hey all, I have been working with VA's on some projects lately and it has been helpful. Thinks like-data scraping-researching area's-podcast edits-follow upMy next projects are around sending people gifts, books, tri...
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Hi Everyone, I am hoping find some advise on how I can pull my money out or use other credit card or heloc to replace my problem.I bought my first rental property on November 14th 2022, I owner was willing to seller f...
so, couple months ago i settled multiple unsecured credit cards and now finally they are reporting as closed (by the consumer) and settled (for the amount agreed; a few say for less than the full amount, though).my fi...
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Key areas to review when you screen a renter:Credit reportCredit scoreEviction historyCriminal background checkLandlord referenceEmployment verificationBut, what if the tenant has no credit at all?You need to have an ...
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Bigger Pocket Family. I need help weighing out my options on weather to Refi and pay my self back or keep my current loan and find other ways to pay myself back. Here is the situation. I am currently turning my house ...
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We just looked at a property yesterday and the current tenants pay their rent via direct debit. Does anyone have their tenants bank accounts automatically drafted? And if so, how do you set this up? What are the be...