Hi, I do my own bookkeeping and am trying to figure out the proper way to book a refinance on an investment property.The refinance was a zero-cost refi with a huge credit of -0.75 points (on a $1.6M loan). This covere...

Hello,When a property is sold, who pay the taxes, the buyer or the seller?

I did the BRRRR strategy complete with the rehab and cash out refi.  I currently have the old loan and all the improvements reconciled in quickbooks but what I don't have is the new loan and the large amount of cash o...

Report: Green Dot, a prepaid debit card pioneer betting on digital banking, moving HQ to Austin from CaliforniaAnother HQ relocation to Austin, TX.  The company plans to keep several remote offices but will relocate t...

A to C transaction. Buyer was fine with zero cc. I negotiated 3% and plan to collect this amount in order to release my Notice of Option. We are planing to close this coming Wednesday. Last Friday I forwarded to the ...

I recently received an email from PayNearMe they will no longer accept payments from the Family Dollar as of August 10th.   That leaves me with Ace Cash Express since there are no 7-11's in Louisville, KY.  My tenant ...

 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...

We are doing a hard money 12 month loan for a fix n flip and our closing costs are over $10,200. Purchase price is $121k. Is this standard for hard money or too high? 

Is anyone aware of any services where a tenant can pay his rent electronically without having a bank account? I'm aware of services such as popmoney.com, but I don't know of any that you can use without having a bank ...

Hi everyone!I recently had a bookkeeper from India, setup QBO for my 4 rentals. Properties are under a LLC with a partner and we have bought, made capital improvements, cash out refinanced. I feel  things got a little...