Austin F.
Accounting software/ virtual reciept storage
Looking to start a new accounting program with the new year, and one of the most important parts of it is to be able to catalog receipts virtually. So far I have narrowed down my options to Xero or Quickbooks. Xero's ...
Tom R.
Do you seal your laminate flooring?
Do you seal laminate floors in your rentals?I placed a bid on a house today that has some relatively new laminate flooring. There are even a few left over boxes of laminate in the laundry room. Unfortunately it looks ...
Bryan Hancock
Would You Trade Your Real Estate Tax Deductions For a Simpler Tax Code?
I am consistently baffled by the complexity of the tax code in the U.S.
What percentage of the tax "savings" that you realize each year go to pay for overhead associated with preparing returns, planning, advice, etc...
Jay Hinrichs
Suspension of the 7% rule for FAnnie Freddie is HUGE
Read this morning that through intense lobbying by the mortgage industry ( some one got through to someone to talk sense into them)the govmit suspending the 7% rule this should put some downward pressure on Investor ...
Account Closed
What should I do when someone is underwater?
Hey everyone, I keep running into a problem, which is getting leads where the home owner is underwater. Example: I got a call today about potentially buying a home with an absentee owner. She said her tenants lease is...
Vitalii Lunko
Can I find credit unions here?
I have house free and clear. Finishing my remodeling this month and want to refinance with DSCR loan. How to find a right credit union?
Ben Sealey
Property Management Software Review
Hey all, I am reviewing property management software. I am interested in knowing the strengths and weaknesses of property management. My ultimate goal is to simplify it. From my experience, if you can simplify it, ...
B. Eugene Johnson
Finding Owner Information
I have been somewhat actively investing for about a year and a half now. I've incorporated many different ways to find motivated sellers and owners of run down houses. One of my biggest problems has been properly l...
Benjamin Bleasdale
What are flippers and rehabbers looking for in a contractor
I live near Chattanooga, and I am considering getting back into construction. Are there certain trades flippers are looking for? Guys that you often call?
Joe Smith
cashflow vs. payment of principal
I'm considering delving into small multifamily or mobile home parks (for rental/cashflow) in the $500k - $1.2M price range.
My questions:
1. Since commercial financing consists entirely of balloon loans from what I...