Chris Conde
Be Creative! Low Short Term Credit Balance
Hi all,So I used short term business credit (Business Credit Card) to purchase a Townhouse. The asset is in good condition and cash flowing nicely. The issue I have is that my intro rates on my card are expiring and I...
Louise Robaina
Reduction in rent request
First time posting anything....We have one new tenant. She is requesting a reduction in rent because we had a heater (vent) problem that we quickly resolved, but now the unit above hers may have a sink/tub leak that...
Daniel Mock
Historic 1920s house in Raleigh with knob and tube wiring
I have a house under contract that's a 1920s build in a historic neighborhood in downtown Raleigh. The house is in overall good condition with original plaster walls, plaster ceilings, original doors & trim. It al...
Jose M.
10% Capex 10% Repairs 5% Vacancies MAXED OUT?
Hello Humans,
New investor here. I understand that it is good idea to save 10/10/5 percent on capex repairs and vacancies, but at what point do you stop saving (or do you)? In a couple years, it is possible to save $...
Scott Mukensnabl
Second Mortgage on Investment Properties
I currently have 4% loans on 9 of my residential rental properties with LTVs around 30-35% and would like to cash out some of my equity in order to make other investments. My mortgage broker recommends cash-out refis...
Chuck Mucciolo
Questions about single family home rental.
Hello all, I'm new to this website and have a lot of questions concerning the do's and don'ts for renting a single family home. It will be for a 4br 3ba home with a pool in a gated community. The home has been comple...
Warren Romig
Best software to use for book keeping
I plan on having 50 units by the end of the year..what's the best/most simple software to use for bookkeeping?
Shawn Mcenteer
moving to new new state first time home buyer
If i were to move to Florida from NJ and purchase a house would a bank be willing to provide a mortgage for me even though i would be starting a new career and my previous employment would have not barring on my new c...
Justin England
Accounting segregation
Hi everyone. I'm purchasing my first property, a fourplex, and close at the beginning of November. I'm curious about how everyone keeps their accounts for units and properties segregated.My idea was to collect all ren...
Jared Hauf
Tell me if this plan makes sense please!
Good morning all,
I have found a property that I would like to purchase as a second rental property for me. I'm still new to this so please tell me if this makes sense.
My Home: Purchased for 342k in Sept 2016, c...