Hi,I am considering several locations (over 10) to invest in my next rental property. As such, I'm contacting mortgage brokers and filling out loan applications to get pre-approval letters. Will this impact my cred...
I am looking for someone in the Tampa area to help me set up QuickBooks online. I will pay for your time!! I just bought a Triplex and I am making a lot of renovations to one of the units and I don't know how to keep...
Im looking to start working with an tax professional that specializes in REI clients. Im pretty sure I need to do an amended return. I didn't take any depreciation, I did a bit of improvements to the rental half of my...
Hello BP.I would like to know how do you set up your bank account for rental, specifically for efficiency.Here is how mine is set up, and any feed back or tip is welcome:Three accounts1. Trust account for security dep...
Does someone mind explaining subject to offers? I ask as I have received offers from buyers that want to do an assumption of the current mortgage via trust acquisition and provide a down payment due to the seller. The...
I often get this question from clients who are saving for their down payment and other reserve accounts while they’re looking for the property. What do I do with the money in the meantime? Apart from putting it in a r...
Hello All! I hope this finds you well. Coming to you from Jacksonville, FL I've had my account for some time now. Lurking in a few posts.. going to some local REIA meetings, Deal Maker meetings. Slowly working my way ...
I re-read Brandon Turner’s 7 years to 7 figure wealth pdf and I understand the whole year by year scaling process but I don’t understand how he’s getting these multifamily houses for 80% of market value and not accoun...
Guys I a new investor and I am attempting to analyze this deal and see if it is worth my time. Looking for advice and insight. 1- 3BD/3BA 4- 2BD/1BA 325000Pro Forma Income StatementRent Collections: $45,000Vacancy &...
Hi, I’m in the process of selling a rental property and may want to take the proceeds and do a 1031 exchange. Any recommendations of companies to use? Will they all charge basically the same amount? Any ideas what ...