Hi BP friends, rookie question here. I have a few properties, but the next one will be in an LLC. Been reading up on the basics of that, however, do folks typically open up a new credit card for purchases? Sounds triv...

Hey guys,I have a file where the SSN that was provided to us returns an invalid credit report. The note seller is out of business (no surprise). We don't have the original loan docs in the collateral.Inside the collat...

I just got an offer accepted on my first Single Family House which I plan to house hack. I ran the numbers through the BP calculators prior to making an offer and everything looks great. I'm wondering what tools or tr...

Good afternoon friends, I've been combing through the forums looking for recommendations on the best/most recommended bank accounts to use for rental income but have not had any luck. So I figured I'd post this and se...

I switched from QB online to desktop because I could not justify the pricing any more. I am running into a few issues.I have two tenants who pay rent three months at a time. I am stuck on how to apply the existing cre...

Hello All!!! In New York, I went to my Chase banker and they said it's impossible for them to give me a home equity line of credit on my free and clear condo investment apartment that I rent out. I guess this is true ...

Hello BP,

I have 2 SFR that I own (owned before I got married). I claim these on taxes, my husband and I have never filed taxes together as we both have things that we are sorting out before we can file joint...

Hi all landlords,

What are the different no cost/low cost ways to collect rents from tenants ? Planning on kicking out my Prop Mgmt company and save some green !!

I read about PayPal but for some reason am not a fan...

I’ve been doing a lot of research into financing methods as I’m about to finally start working towards my first deal. Purchase financing aside, I’ve seen a lot of differing information on using credit cards (personal...

I'm new to QuickBooks and need assistance accounting for item returns. Here's an example of what I'm struggling with:Let's say that on 5/27 I purchased an item at Home Depot for $10 which I assigned to a COGS category...