Laurent Fontaine
Mortgages payment strategies
Thank you in advance..... Should I set up my mortgage payments (divided in 4) and paid weekly for all my properties to save on interest in the long run.
Philippe Schulligen
HELOC vs. 0% credit card for down payment
Hello BP community,My house is paid off and I have a DTI around 25%, but little savings. I am considering down payment on an investment property either HELOC vs. 0% credit card cash advance offer (this cash being avai...
Chris Reyes
Potential Tenant that will use a Trust without employment
Hi everyone! There’s a potential tenant that has applied for a rental that is using a trust as proof of income, as well as 30 day bank statements. They do not currently have any type of employment. The other tenant th...
Frank Mirando
tenant offered to pay 12 months rent up front should i take it?
Thanks for taking a moment to read this post I could use some advice.This potential tenant was formerly my landscaper who moved south with his wife a few years back. Long story short, she became ill, medical bills tu...
Ron B.
Dumb question, sorry in advance
Sorry in advance, I'm not an accountant and I'm trying to figure out if a property is worth buying by doing my own rough math before paying my accountant to do it for me. So I have a $3.5m purchase and have a 100% loa...
Jye Tan
If I could pick your brains about how you collect rent
I'm a software developer looking to develop a suite of solutions for landlords with a smaller portfolio. I'm trying to learn how landlords collect rent in general and to basically understand how it's done across diffe...
David Martin
Who builds equity in a subject to deal?
Hello! I've been researching subject to deals and was curious about who is building equity in these situations. I understand that the buyer takes the property title but is making payments to the seller's mortgage comp...
Austin Noon
Accounting features I will actually use?
I am in the process of selecting PM software to manage 7 units. I am mainly looking at accounting features currently to replace the income tracking I do on Excel. I have done demos for DoorLoop and AppFolio and they b...
Travis Paez
My Maryland Tenant wants to pay the rest of his rent
Alright BP, here's a question. I have a tenant that I recently placed in a Baltimore area home on a long term lease. Before the first month is up, he told me that due to an inheritance, he would like to pay the rest o...
Osmirelly Kidwell
Collecting rent
Hi Guys,
I bought my first rental property on the 23rd and already have a tenant from out of state. They already passed the smartmove screening with A+, paid deposit and applications fees. My question is, whe...