AJ Wong
What is an Assumable Mortgage? How they work & ways to close with a portable loan
Hot investment topic alert: Assumable mortgages and purchasing properties with one. An assumable mortgage is effectively a 'portable' loan. Instead of applying for a new mortgage the buyer takes over the sellers exist...
Jason Bobby
Baselane Vs Stessa….
I use both platforms currently at varying degrees. But have not had the chance to really test both side by side.
Can anyone give their experience in using both and what they prefer and why.
Rose Jones
Why is my credit score going down?
Feels pretty yucky. I took some money out of my 401 K to pay back some debts. I paid off almost 6,000 in a high interest credit card , The next day my credit score dropped 90 points. WTF?
Mark Page
Avoiding 401K early withdrawal taxes, penalties ?
So I’ve borrowed against my 401 k to purchase my first short term rental property. Fortunately it’s doing really well. I need funds for my next properties and I’m planning to liquidate my 401k so I can invest that mon...
Lisa L.
Section8 tenant breaking the lease, what next?
Don't know what's the next step is. Any input will be greatly appreciated!
A little bit of background here:
In July of 2020, my previous tenant was financially affected by the pandemic and couldn't afford the rent. ...
Hussain Harun
Switching FROM Quickbooks to other accounting sofwares (Xero, Freshbooks)
Hi,I was wondering if any investor or CPA can chime in on their thoughts about switching away from Quickbooks to another accounting software?I have been using Quickbooks online for years and love that it's the industr...
Peter Morgan
velocity Banking - Replacing half of your mortgage
Hello,Lately I got intrigued by the velocity banking videos on the YouTube and interested to hear if anyone had major success with this strategy. I got particularly interested with the strategy of replacing your entir...
Robert Hodgson
How can I start out?
Hey BP,I'm looking for advice on how I would start out, I want to buy my first rental property soon.We live in Aberdeen, NJ. We bought a HUD home for our primary residence in Oct 2016, we got it for $102k, it's 3 bed ...
Kelsey Herbst
User Friendly Banking- Checking & Savings Accounts for Landlords
Hey all,
I will be closing on my first rental property soon (house hacking a triplex in Philadelphia, Pennsylvania) and am starting to think about organizing the finances of a few accounts, not only for accounting ea...
Marcus I.
Help with a RE "sell or keep" issue
Need help in making a critical decision. This is a little lengthy of an issue for me, but I’ll try to keep it short while still giving you the proper details.
I currently own a home in AZ that I am renting out and h...