Dean Suzuki
Where do folks put their emergency cash reserves?
Hi,
I have been reading the posts and have set aside money for an emergency funds for our rental properties. The funds are currently sitting in a bank savings account earning close to 0.01% interest. I am w...
Raheem Mcmillan
Starting Real Estat Journey
My wife just recently passed the real estate exam. It has been a dream of ours to own rental properties. I am currently a full-term student, majoring in business management. I started a real estate business with the f...
Jimmy Wen
Is it necessary to set up separate bank accounts?
Hi all,After a year of studying and hesitation (I will admit that), I finally pulled the trigger and got a duplex under contract! This will be my very first investment property!Here is a quick question: do you create ...
Igor Messano
Seed Capital experience
Hi everyone,I was browsing the forum today and stumbled on someone's post recommending seedcapital.com and reading about their program is got me interested. Does anyone have any experience with them in establishing cr...
Gary Kwitkin
Do any banks offer HELOCs in Georgia on investment property
Do any banks provide HELOCs on rental property in GA. I own over 5 houses so PENFED won't work.
Alex Roth
Closing Cost Credit for Repairs Greater than Closing Costs
Hi All,
I am in contract to purchase a 2-family property. I am financing the purchase with a 3.5% down FHA mortgage. Through my due diligence I discovered repairs needed and have agreed upon a credit from Seller in t...
Mitchell Handley
Tenant Screening and Rental Agreements
I am looking to get into real estate investing. I have seen a lot of videos and read a few books that explain a lot of aspects to real estate investing. The one area I cannot find a lot of good information on is aroun...
Ben Bakhshi
DO NOT USE STATE FARM - PRIVACY BREACH and INCOMPETENCE
TL;DR: State Farm just gave me full access to my uncle's State Farm account without his permission or knowledge. We have no assets in common, except we share names, partially (he is Ben, I go by Benjamin). I can see/e...
Gary Sowell
Quickbooks for owner rental properties
I’m setting up quickbooks and trying to figure out how to record a few things.
-Rent do I set the up as a bill or invoice?
-when the renter does not pay so I have to pay to cover the mortgage payment how do I record...
Bryan C.
Accidently missed 1 payment...Company notified credit bureaus
Recently I missed 1 payment on my mortgage and realized it when the nxt payment was due....I made both payments and got the account back in good standing, but the company reported to the credit bureaus 30 days late. ...