Suvarna G.
Land trust and LLC questions
Hi all,I looked up some of the discussions on land trust and still have a few questions so asking for clarifications.Here is my scenario: Have a few rental properties, most with loans and few no loans. Currently all...
Matt F.
How long before lenders count rent income towards DTI ratios?
How long does it generally take before lenders start counting your rental income ?i recently purchased a new primary residence and rent my original home. how long do i need to be renting that original home for before ...
Andrew L.
Is This Priced Too High?
List Price: $128,500
Unit 1 Rent: $800
Unit 2 Rent: $800
NOI: $$9,600 (50% Rule)
Debt Service: $9,016 (20% down @6.25% on 20 year ammo)
What would you offer on this? This property is S...
Kenda Bell
baltimore tax / water liens - SHOULD I BID OR OTC?
Hi !! I am new here and a newbie to real estate. i wanted to know for newbie with a little bit of money (1k - 2k) , which would be the better option bidding online OR waiting & doing the OTC. I concern is that I m...
Andrew Hamlett
Accounting for Escrow/Rainy Day Accounts
I use Quickbooks Desktop Pro for accounting with my properties. I was wondering how you setup escrow type accounts for things such as putting aside money for repairs, capex, vacancy, property tax, etc. I do not truly ...
Dooreuhn Cee
PM software that imports and categorizes bank transactions like QB for per property accounting
Have been using QuickBooks for accounting, Excel for tracking, and DropBox for a file sharing. Looking for a Property Management software to consolidate these functions. Did an AppFolio demo today and love it (despi...
Amir Giryes
Buying a property for a friend
I have friends from Israel who are looking to buy property in Texas. One of them is US citizen with no credit score. Can anyone direct me to "written answer" or to the "how" we co-invest/I use my credit score to buy t...
Baraa Yassin
Buying Civil Judgments at Sheriff Sale (Auction) Dallas-Texas
Hi guys, I'm new to the BP. been to the sheriff auction in Dallas few times and bought couple of properties through the sheriff sale (the ones behind their taxes)I have seen some cases were won through civil court bei...
Carolyn Ki
DTI: car, HOA, IRS payments
I'm trying to figure out my DTI but haven't been able to verify if the following items are counted as debt or not. Can anyone clarify?
1) Car payment: paid by my SCorp
2) HOA payment: this is an HOA payment for a r...
Yaron Horsky
Investing in the USA (I'm from Israel)
What do you thing about investing in USA while I'm from another country?
Do I have extra tax or banks having a hard time? And can I use my banks in my country and use the money in USA?
I guess it's newbie question bu...