How does one put together a breakdown of renovation expenses for a commercial bank loan application? Does anyone know a short and simple way to do this? I must be having a hard time seeing the forest through the trees...
Targeting all investors:
Taxes are important. You can write off a lunch conference and save lots. I’m targeting those who really keep track on the tiny expenses to the big ones on a daily basis. Even if you have a bo...
Greetings BP family!I want to know how many landlords here give receipt or confirmation of any form to acknowledge rent received from tenants? From my perspective, it can be used to:1. make tax reporting easier2. reso...
I'm working on my Florida lease and trying to figure out how to have generic statement in the lease that would allow for rent payment options such as direct deposit / ACH transfer / online payment (Cozy, erentpayment...
Have some qns about non us buying us house1) There are many people setup llc for house buying Intend to do the buying personally rather from entity Using llc bank account for receiving rent and paying for contractor f...
Hey Everyone,I'm currently having a hard time switching tenants over to online rent payments. Right now only about 10% of my tenants pay online. I've given everyone instruction sheets on how to pay online, but they ...
Hello!
I am in my First house hack in Austin Texas. I have two 12 month room leases and a mid term rental in an ADU.
I get MTR leads from Airbnb and do bookings through the airbnb platform.
I use apartments.com ...
Hi - looking for recommendations for online banking business accounts. Important features to me as a real estate investor include low minimum balance, and (low) wire fees. It seems that many online banking options fo...
Hi everyone!I’m hometown investor with 3 rentals currently and rehabbing a 4th right now. Expenses are getting harder to keep track of. How do you all track income and expenses? Looking for a user friendly software to...
We inherited my Mother in Law's house after she passed away. I want to add it to our rental portfolio. The balance on the mortgage is a little less than $40K and the value is around $175K. I want to refinance the prop...