Brian Ma
Opening CD's and other accounts to est relationships with banks
Hi,Is it necessary to open a few savings, cds, credit cards, etc. to establish a new relationship with a bank/or credit unit to get future loans for real estate? Not sure if I should open a few accounts with a few th...
Cody F.
Smaller Landlords/ Rental Investors, How to report money owed to credit bureau?
I am a smaller investor, but I am looking for a way to report money that is owed from tenants not paying rent and damaging our property. I believe you need to have a court judgment on them in order to report it to th...
Jake Recz
HELOC Closed! $94,000! It was quite an adventure!
Hello. This is probably not as much of a success story as I often see here but... To me, this is big. We bough the property at the end of 2015. All cash. $54k with closing costs. Owner occupied. We renovated it big ti...
Charles Mangum
Do you pay mortgage on the first of the month or just before the 15th (or before the late fee is assessed)?
My mortgage coupons state that the payment is due on the 1st and after the 15th a late fee will be assessed. I started to pay them on the 14th, however, I received a voice mail from the bank that the payment was late...
Sheena Lee
Any risk giving bank account number?
In order to make payment easier, I am considering giving the bank account number so that deposits can be made directly. Is there any RISK in giving them the account number? Do you use a separate account just for depos...
Peter Bardou
Using VENMO for collecting rental income
Hey everyone!Just curious, is anyone using Venmo, or any other app based payment collection service? I have been using Venmo for the past year and find it extremely easy to collect rents. Anyone having similiar experi...
Jackson Long
How much money do you...
How much cash do you keep relative to you various debt obligations? If not cash-cash, what liquid form and how much?
Amy Livingstone
Where do you bank for Real Estate? Does it matter?
I'm closing on my first rental property this week and will open a new account to keep real estate accounting distinct from my personal accounts. I could go with a local bank or credit union (I'm in San Antonio, so the...
Ryan Moore
How to earn a little more on my rental's reserves w/ LLC
I have my rental's reserves sitting in my business account earning nothing. I have my personal finance reserves over at Ally earning 1.65%. Nothing crazy, but still it's something. I cannot open an account under my...
Charles Osugo
What account do you use for savings?
So far the best rate I've seen for saving accounts is from Varo bank, they give 2.48% if you jump relatively simple hoops (5 debit transactions/month, 300 a month in direct deposits). Do any of you know a higher APY s...