Jake C.
C-class Landlord friendly Bank in Chicagoland?
Hi all,We are shopping around for a new bank, hoping to find a better fit than our current relationship with BMO Harris.Was hoping some of you local landlords can point me in the direction of some banks that will be a...
Bradley Pitts
Rental Business: Active vs Passive Income
Hi,I think I understand the difference between active and passive income. Passive income applies to most small landlords/owners as they collect rent from tenants. This also applies to investors who collect interest or...
Desiree Rejeili
Understanding Mortgage Recasting: What Homeowners Need to Know
When it comes to managing your mortgage, most homeowners are familiar with refinancing as a way to lower monthly payments or take advantage of better interest rates. But there’s another option that’s often overlooked:...
Brad Smith
Paint Vapor Permeability
Is paint vapor permeability a concern? I called the local Sherwin-Williams and they have a product for reduced permeability called Resilience but it appears to only be for exterior use. I may be jousting at windmill...
Chris Rosenberg
Property Taxes - I can't figure it out
Hey everyone. I'm looking to venture out into other markets as my home market (Myrtle Beach) has been pretty tight for a while now. I've been looking at a few areas and Columbia, SC is on my radar. I've been looking f...
Amber Webb
When to register a business name.
Hello all. My husband and I are looking to rehab and flip 2 houses a year in 2016 and 2017. We will be living in them during this period in order to build up capital faster. My question is; How does living in the flip...
Matthew Smith
Malls in decline
Hey y'all,I just wanted to start a discussion about the relevance of physical shopping malls. Do you think the environment is changing? Do you think they will still have presence in 10-15 years with the increase in ...
David Honeycutt
Refinancing primary residence
Hey guys, my girlfriend and I purchased our home almost a year and a half ago we went with FHA loan so we have very little equity in the house. About a week ago we received a letter in the mail from Sun West Mortgage ...
Mark Bosworth
Rehab Costs - What to Expense versus Capitalize?
So when you are doing a rehab, how do you handle categorization of expenses into capital accounts verses expense accounts? Do you even try to keep track of the difference? Any significant renovation to the house cou...
James Pollock
Property Mgmt Software Recommendation (too small for Appfolio)
We have 21 properties and have been using Quickbooks to manage them for the last couple of years but we have now decided it's time for software dedicated to property management. I really like the look and features of...