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Results (10000)
Chris Waugaman What do should I do with Rental Equity
23 February 2024 | 8 replies

So my wife and I own one townhouse rental property in Clayton NC and have about 200k-225k in equity. We have only had one family rent it and they have just signed for another 2 yrs ( once that lease ends they will hav...

Donald Hendricks Pitfalls of buying a home on owner finance terms
19 January 2014 | 6 replies

I found a house that is being sold on owner finance. The numbers work, with about $300 a month cash flow using the 50% rule and 2% rule.

Question is, what are the pitfalls of buying on owner financing? What...

Noah McPherson Lines of credit with no job and little income
21 September 2022 | 7 replies

I'm 23, and over the past year and a half, I've purchased two duplexes. Now, I'm looking to buy a third property, and I'm actively looking for ways to do BRRRRs with no money down. One potential way I'm considering is...

Dan V. Tax Implication and Other Things to Consider
22 August 2024 | 7 replies

Me and my wife are planning to purchase her mom's house. She used to live in the house and now lives with us for about 2 years now so the property still qualifies as primary residence. She is open to seller financing ...

Shea Spinelli January Rent in December?
2 January 2018 | 6 replies

Happy New Year everyone - hope 2017 was great!We receive payments online via Cozy and I am entering our payments received into Quickbooks to finish the year. We had a few tenants pay online for January of 2018 on Dece...

Nathan F. Anyone using sparkrent.com?
16 February 2015 | 31 replies

Closing at the end of the month on my first rental property. It's a duplex and wondering if I should encourage tenants to set up payment online. Was looking at sparkrent.com, it is only $1 per unit/month.

Has...

Claire D. BRR(R?)R - Help explain refinancing portion
28 March 2018 | 11 replies

Can someone explain the refinance portion of the BRRRR strategy and how it allows you to (ideally) gain back all the cash you initially put into property while still maintaining equity? Examples or personal stories wi...

Account Closed How do i record a loan payment in Quickbooks?
3 September 2012 | 5 replies

As a note holder, when I receive a note payment from my loan servicing company it is net the borrowers loan payment minus the loan servicing fee. How do I record this in Quickbooks?

Example, the loan payment is $100...

Nalo Coban To pay off or to save??? that is the question
5 October 2014 | 16 replies

I am wondering if I should knock out my car note early or save and build on my additional savings? Although I have roughly 18months on my car loan, I would like to pay it off by the end of the year so that I can buy m...

George Tran Creative Financing when stuck in a 15 year Mortgage
13 February 2016 | 2 replies

Hi All,I am currently looking to buy my first investment property, and I believe the owner occupancy method of acquiring rentals to be one of the most feasible methods. The alternative for me would be to keep saving f...