I am currently seeking opportunities to flip properties, but my credit is blasphemous and I sort of feel that no sane persons would partner with me in my ventures. My current marketing plan consists of driving-for-dol...
Hi, I do my own bookkeeping and am trying to figure out the proper way to book a refinance on an investment property.The refinance was a zero-cost refi with a huge credit of -0.75 points (on a $1.6M loan). This covere...
Hello,I'm currently in the process of applying for a PAL. Basically, it is a revolving line of credit secured by cash and securities in a brokerage account. The line can be used for non-securities purchases, such as...
Curious.. anyone here interested in credit card signing bonuses?
Hi all,
I am curious to know what the BP community thinks about opening a separate bank account to collect tenant rent. I currently don't want to start an LLC yet since I am in the beginning stages (haven't purchase...
How do you record cash contribution to a company in quickbooks when you are transferring funds from personal bank account to a business account? Do you still use "make deposits" and leave the payment method blank, or ...
I built my credit up from a 570 to an 810 in about 3-4 years. Then this year I Bought my first 3 long term rentals and each one I buy comes with 2 hard hits on my credit (I haven’t even refi’d any of them yet, I’m tr...
What is your experience with the quality of the rental application Zillow provides prospective tenants for $29? Do you feel it provides sufficient and accurate information?
I wanted to consider setting up / offering a service to my tenants so that they can pay online. How can I set this up? would I use Paypal/ Stripe for this and pay a service fee?Can I have tenants pay rent with a credi...
I am trying to do a better job of keeping my personal finances and my business finances separate. What is the best way to do this? I know I should have two different bank accounts. Currently I bank at the local credit...