Natasha Keck
How to stay organized with portfolio of properties
I'm wondering how others with more than just a handful of properties stay organized. I have 25 properties, all professionally managed, so I'm largely keeping track of HOA, leases, property taxes, insurance, mortgage ...
Nathan G.
Newbie form 1099 contractor question--cash or credit?
I would like a contractor to do some tree work on my first rental next week. The quote is $1900 cash or check. I just learned about filling out a form 1099 for contractor payments of over $600. It looks like I can ...
Drew Markert
Should I get a separate credit card for house hack?
Hey BP,I recently purchased my first duplex to use as a house hack. I have separate bank accounts set up for the property but was wondering if I should get a credit card as well? There is about $10-15k of rehab work...
Ben Kevan
Rental Property Balance Sheets
For the single and multi SFR owners,
How do you handle your cash flow? Do you do per property, then overall? Do you use a program (ie quicken?), or stick to the simplest of simples and use excel?
Does anyone have ...
John Spellman
New Property Business
Hello Me and my business partner recently formed a property investment business in Trenton NJ our goal is to use the brrrr strategy to buy and hold properties. While we've been building our company's cash and credit ...
Chris Hamrick
Bad credit but own home free and clear
I have bad credit, but I own my home free and clear. Also, my work history is none because I was laid off in April. I'm now self-employed, and applying for jobs now.
Thing is, I have 2 deals I'd like to take advanta...
John Alosio
Best Big Box Store CC
Hello BP community,
I am seeking some advice when it comes to accounting of my DIY shopping habits.
Over the past few years I have been shopping at Home Depot with my personal credit card(2X cash back on all purchas...
Steve Hodgdon
Credit reporting using RentTrack, RentalKharma or RentReporters
Hi - I have a small portfolio and want to help tenants on lease option improve their credit for an FHA take out. Has anyone used RentTrack or similar. The smaller ones like RentalKharma only report to TU and charge te...
Colin C leamy
How to convince my parents to partner with me?
My income and savings don't allow me to get into real estate alone. I've been trying to find an "out" and I managed to get my parents to consider the prospect of lending me some help but they are the glass half empty ...
Laura Sulak
Cozy vs TurboTenant
Hi, everyone! What are your thoughts on Cozy or TurboTenant?. I will own five units from two properties by mid-August. I want to manage them online as much as possible. Both of these free management tools look promisi...