Victor Medina
Pay contractor directly vs through a property manager
I am currently renovating a property and have my property manager gathering quotes to get the property rent ready. Currently the property manager pays the contractor and I'd have to repay through the property manager ...
Lena Truong
How does Debt to Income affect how many properties you can have?
Hi All!Do most lenders take your investment properties into account when calculating debt to income ratios? We're basically maxed out on our debt to income ratio now because:1) We have our primary home2) We have two ...
Jay Boyle
Are security deposits income on the profit and loss sheet?
Hi I am new to apartments. I presently have a 90 unit under LOI. The financial data I received from the seller shows the incoming security deposits as income and the outgoing security refunds as expenses. is this typi...
Luke Bloxham
Rent Colection Software
Looking into Cozy as a rent management software. Has anyone had any experience with this or are there better programs out there?Thanks for the help!
Sainath Muntha
What banking products do you use to manage multiple accounts within your portfolio?
Hello Investors!
I am looking for advice and your experiences on which bank you use for your real estate investments?
Here is my situation:
I open an LLC for each of my investment properties and for each LLC I need...
David Abrass
What to do with $200k and rebuilding credit?
We have $200k in bank savings earning little to no interest. While we have owned several homes over the years we are new to real estate investment. We'd like to gain some passive income with our money and try and buil...
Chris Chris
Business friendly banks in Seattle area?
Hi all, What are some good local banks in Washington for getting commercial loans for financing commercial retail property purchase?I primarily bank with Keybank. While my banker is very sweet and helpful, she gave lo...
Shaka Farrier
Should I use Business Credit for Hard Money Loan downpayment
Hey BP, I hope all is well in your ventures. I am working on getting approved for funding for my first fix and flip and wanted your opinions on possible doing it this way (without spending much (or any) out of pocket ...
Ashley Simmons
What should i do???? Credit Advice
Hello BP family, i have a couple of questions for you guys. Before i get to my questions, i'm going to let you know about my situation. Okay I'm 22yrs old and i've been wanting to get into real estate for about 3 year...
Marvin Meng
How do you collect rent?
Actually, the title says it all. Right now I'm using a PO box that everybody mails their rent to. But late rent is getting blamed on the Post Office (which is possible). It seems like the 2020 there should be better o...