Hello all:When a security deposit is received on a new long-term rental lease, I categorize that in my accounting system as "deposit", separate from rent. It isn't income, doesn't show as a gain, etc. When that same t...

Hello! It's almost been 1 year since I bought my first property that I've been house hacking here in Fort Collins, CO and I'm planning on buying another one in a couple months, but I am wondering how to keep track of ...

Just a thought that went through my mind, if your parents die do their debts carry on to the children? For instance, if my mother passed would I be reliable to pay off her credit card? I'm not a co-signer or on a join...

Does it makes sense to switch to a different bank for the interest the savings is yielding? The credit union I am with yields only a .30% APY. I have seen online banks that yield 1.5% APY. In terms of compounding and ...

This is my first time screening for a tenant and was hoping to get some advice. I have a woman who would like to rent but she told me she has horrible credit due to a divorce, I figured that if she had good references...

Hi!  Has anyone had experience using all in one loans / vortex loans?  it sounds good but I'm not sure if it's the right way to go.  Basically it's a faster way to pay down your loan because it applies your payments t...

I am looking to set up an account at a bank different than my personal one for rental property expenses/income and savings. However most places are saying I need an LLC In order to use the accounts for a rental proper...

Getting starting in buy-and-hold and trying to do as much preliminary research as possible. In the process of getting a first investment property right now. For the time being I plan on doing all the listing/advertisi...

Hello everyone!I'm interested in buying a property. The thing is, I don't have the money for the closing costs. I think its a lot to be able to come up with that type of money when you don't have access to it, and you...

Hello my BP members, so I just formed my entity working under a investor and in the future and rest myself using this business entity, so here is my question, if anyone could please chime in that would be really appre...