Hello all, I have a question about getting a credit card strictly for rental property expenses. I’m 20yrs old and have one credit card for personal use, but I recently began managing my fathers rental property and wan...
My son contacted me regarding the standard rental application he received which asked for the usual information but also requested his bank account number, institution, and balance, credit card account number, balance...
Hello all, I am not sure if this is the right place for this question, but I did not see another appropriate forum. Maybe a forum should be added for specific accounting/bookkeeping issues. I pay my bills with my cr...
I’m building my first rental property on a piece of raw land I recently bought under my name. I plan to eventually transfer it into an llc I created once it is rented, and refinanced. Would it still make sense to open...
I paid off one of my loan that had a high intrest rate. how long dose it take to come off my credit report? an will it help my credit and look good for the lenders?
For this business, has anyone used a business credit card for either their real estate business transactions or for business expenses? Also, is there any benefit to having a business credit card compared to using your...
Hello,
I currently own 6 units total, I have a seperate checking account 'Investment property' that all money produced from the rentals goes into and does not co-mingle with my personal checking. Bills for the proper...
Few interesting situations with prospective tenants:We have a nice lady who is coming to see our rental property. However she is Canadian citizen and I wonder how would we do credit check for her? She is in a manageri...
I am about to list my current home for sale. I am in contract on another property. I have about $50k to $60k in equity on the current property. I would like to roll half of that equity into the new property and use...
Increase your fico score with this good credit hack. A great way to improve your credit is with loans. But what if you don't qualify? No problem if you or some one close to you has some cash. Here is how it works. ...