I collect last month’s rent and security deposit when a new tenant moves in. How do most of you account for the receipt of this money? Right now I create a separate account in Quick Books for the deposit of each u...

Long story short, I made an error in respects to an IR. Thought payments were prepaid for 3 months. Right before the virus madness, the lender I was in the process of refinancing with denied the loan because there wer...

My tenants are asking for a 4-month lease extension but I suspect they are filing for bankruptcy since they have a bankruptcy lawyer contacting me asking for the lease extension.  The current lease will expire end of ...

Is it possible to structure a deal where the seller contributes toward the down payment? For example, rental property purchase price is $30,000. Lender requires 20% down. Assuming the property appraises for $30,000...

Ok - so this is a little tricky but ill try to be as brief as possible. Bottom line - my neighbor is about to sell his house and was going to use a realtor. Since rates are low and he told me this I decided to make ...

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 ...

If you couldn't get a local number for your city? This is for bandit signs and Ican get my area code but not my local city number. So should I just get a 800 number and have it ring to my cell phone?

Would owning a bunch of mobile homes in parks as rentals be valid, or would it not count because they would be considered personal property?In the next year or two I'd like to get started and buy a 5 plex, and in the ...

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I am getting ready to cash out refinance a property I bought all cash back in June 2018 in Springfield, Massachusetts.
I got couple of quotes. I cant find any quote lower than 4.25% with 750 loan processing fee and n...