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Currently a W2 employee, own two properties and ready to purchase a third but my DTI will not allow it. From my understanding and research the DSCR Loan is the only way in my situation. However, is the better strategy...
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Hey everyone,
Pretty soon I will need to release a property and haven't had to screen clients before (property already had tenants). I know commercial is a lot tougher to screen for than residential. Residential you ...
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My tenant made a minor repair I approved of which was needed. Is it better from a tax perspective to pay him or give rent credit for work done? He has done the job already and did it well. I'm trying to decide if I ...
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It’s 2021 so I know someone has the best way for tenants to pay rent. Ideally, I’d like mine to pay electronically! But what is the best way? I want the money to drop into an account that is associated with my rental ...
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Hi, we are new real estate investors. We just purchased our first property. The tenants are accustomed to paying their rent to the old owner in cash. This will not work for us. We would like them to use some form...
Our closing is scheduled this week for a multi-family purchase, and we just found out that the seller returned the security deposits to the current tenants. We are inheriting the tenants in this purchase.What recourse...
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So when I started renting out my properties, I used Cozy. I loved it. It was free to tenants, which is important to me. They had an application which was free to me and gave me an actual credit score, which is in m...
I'm thinking about self directing my HSA...How are ya'll paying for qualifying medical expenses out of your HSA? It seems like I'll need to request a check at a 10 dollar fee (just like an SDIRA), if I want to pay...
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Hey guys, I’m just starting out. Got my first rental place,renting out my place now and showed to a couple of interested tenants / applicants. One of the applicants is really standing out and he is polite and decent, ...
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I am new to real estate investing and would like to buy and hold rentals. I am wondering if it is best to set up and LLC, get a business accounts and business credit cards before actually buying a property? I want to ...