I have a 1972 1500sq ft Mobil home on a 0.4 acre lot. I own both free and clear and am currently collecting $1350/no rent ($1270 after PM fee). My concern is , I have a credit card that has a $30,000 balance with the ...
Hi, does anybody know what can be done to accept payments from 40 tenants electronically and automatically?I have a lot of tenants and changing a property manager. My accountant deposits checks in the bank, but this i...
I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...
Hey guys,Ive always struggled with separating all my rental expenses from my own, digging through receipts etc. Is there some software that you guys recommend that will help with this? I heard about one on a bp podcas...
Hello all, merry Christmas! I have done a lot of research in preparation for my first real estate purchase but I haven’t heard any mention of banking services that stand out. I would love to open a joint account with ...
I have a client seeking an owner occupied short term mortgage (12 months) that doesn't require a min credit score. The husband's score is around 475-500 and the wife's is around 550. The husband was ill and they fel...
Advise on how tenant can pay me with a visa card. she has no bank account. In the past she handed me the card to draw money from ATM. A lawyer advice against it citing potential for many complications. How else can I ...
Hello BP! So I recently saw a post from another member regarding Fund and Grow. Has anyone used them and if so how did it go. Sounds like a way to grow ones capital in order to turn it into purchasing power. Look forw...
We are renovating a home to house hack, we live upstairs and there is a full apartment with private entrance in the basement. The exterior needs maintenance such as replacing (terribly) peeling paint, fixing cracks in...
I’m renting out one of my five units in a small apartment building. The one prospective tenant wants to pay for a full year of rent up front at once. It’s about $16,000 for the entire year. Sounds good to me initially...