Hey BP community! My name is Taylor, I am 18 years old and a senior in high school. I will be attending Baylor, SMU, or A&M next year and am looking to house hack somewhere around my campus to start my investing j...
Hello! Thank you in advance for your help. I am trying to import my 2 rental properties into QB and I am stuck at the HUD-1 Statement for one of the condo's. I have spent numerous hours trying to figure it out. I thou...
Hi,
We closed on our first rental property last month and had prorated rents deducted from our closing costs. The amount deducted is considered rental income, right?
Thanks,
Kelly
I'm not sure if anyone has brought up this strategy before but I'd like to share how I funded my flips starting out. I call it credit card hacking though thats probably not a great name for it with cyber crime and all...
I've been researching the different online payment methods (erentpayment, sparkrent, etc) and the other methods used to pay rent. Do you put in your lease these different options and LEAVE THEM AS OPTIONS to the tenan...
So I’m having my Coffee and getting my financials ready to go meet my lender today to do my first deal. I check my credit score and notice my score dropped from 700 to 648. My mortgage company sold my mortgage on my p...
I can tell you from firsthand experience that the current information available online regarding fraud and ID theft has not caught up with the tactics used by thieves. I am posting this now because the most recent sco...
Hello BP. I am just starting to develop a real estate portfolio and I would appreciate your advice with reference to tracking business expenditures. I have not done a single deal, but will enter real estate with sin...
Do Lenders care , if the money that you hold, via " savings " in a account, is a Savings or a checking account?
I have both opened, but I am using my Savings account, as the account of which the majority of t...
I haven't seen any negatives mentioned about having tenants drop off rent payments at the bank, but here's something to think about. My uncle set up a Deposit Only account at Wells Fargo authorizing a real estate clie...