Ayne C.
Contractor accepting credit cards
The GC handling my rehab doesn't take credit cards. He said he is old school. But I want to get in the travel rewards game so I would prefer to use credit cards. GC mentioned he will need to get set up since I'm no...
Michelle Garcia
Separate bank account to collect rent?
Hi all,
I am curious to know what the BP community thinks about opening a separate bank account to collect tenant rent. I currently don't want to start an LLC yet since I am in the beginning stages (haven't purchase...
Dulce Beltran
How to Avoid Interest w/A HELOC
I recently have educated myself on paying down debt at a rapid rate and find myself exploring the creative finance world. Hypothetical ScenerioYou have two HELOC’s both at $100,000 credit line. You use HELOC#1 to Pay ...
David Dachtera
Anyone using Square Point-of-Sale to collect rents?
Off-the-wall question for all of you who collect your own rents ...Is anyone using the Square point-of-sale device to collect rents via credit or debit card?Just wondering if that would be a viable option.
James Conaway
Property Management Tenant Admin Fees
I have a few properties under a management company that charges me, the owner, $65 per door.
They also charge the tenant's a 2.6% admin fee each month, which equates to for example $20 a month on a $750 monthly renta...
Juan Bustos
hawkeye magmt
has anyone gotten lines of credit from hawkeye management before anmy pros and cons
Bill Connell
Non-CCard Payment Options
I am under contract for an 11 unit beach front property closing in January. We would be offering weekly rentals in the summer. Monthly in the off season. A major expense is commissions for CCards that I’d like to move...
Travis Turnbull
Write Offs for tax season
Hi Everybody,Quick question here about taxes. If you put all of your expenses for minor renovations for your rental on a Home Depot CC would it be appropriate to just deduct your actual payments for the year that you ...
Angel Acosta
Are these costs acceptable to finance our initial flips?
Hello,We just got a pre-approval to potentially get an unsecured business credit card with a 100k limit, Interest free for the firts 6 months.Now here's the fine print, if we decide to go with this card, the cost to g...
Ani Mohan
How could you get more transparency with your finances?
I'm fairly new to this forum. I'm trying to get a better handle on my finances and am especially curious to see where all my money is going. I've got a few questions for this group:(1) Where do you believe you could u...