Husband and I own a few rentals and are working towards more. I am learning Quickbooks and want to get things set up right the first time. I feel like I've got a decent Chart of Accounts in place that I have put toget...
Has anybody ever heard of getting a loan or line of credit against the cash flow of a performing note. I know @Dave Van Horn once mentioned this as a way he grew his business but not much detail went into how. I would...
Thoughts on investing in Spec home building in Charlotte?
I have a property (father's) that I can take ownership of through probate. The value of the property is a little higher than the mortgage balance but not much. If I rent it we will make about $200 per month. It was...
Hi All,I'm a long time Buildium user. Several hundred units. The software is good overall but the accounting is week for institutions. There have been issues with auto reconciliation that take Buildium months to resol...
I currently own a home that I bought for 115k as my primary residence that is currently worth ~135k. How difficult would it be to do a trade for a MF, considering I found the right deal? I am in Dallas / Fort Wort...
I am ready to start a direct mail campaign and planned to mail to absentee owners with equity. Using listsource I pulled my house, and see the the combined mortgage amounts are the original amount of my loans. One l...
My mother-in-law can no longer afford the mortgage on her existing home and my husband has suggested we move into her home. She said she is willing to sell it to us for remaining payoff amount. We figured if we purcha...
I posted this in another forum but I think this may be a good place to post as well. Hello everybody! Happy Friday. I currently have an investment property that appraises at $900k. My primary mortgage is at $550k an...
I had a tenant call me and say one room upstairs is not warming but the master and other bedroom upstairs and the downstairs area is warm. I had them confirm the last tenant didn't shut the vent and they confirmed col...