Erick Caffarello
Looking for line of credit on rental property
Guys, I’m trying to obtain a line of credit, like a HELOC on a rental property I own for renovations. The banks I’ve talked to so far only do a line of credit on a primary residence, or a cash out refi. The property i...
Adam Craig
How to track Home Depot expenses?
Right now we have 5 rehabs going on and I have 4 business credit cards spread out between different contractors. They all purchase 90% of supplies through Home Depot. Rather then having them save every receipt - is t...
Denise Roman
Bank Account for an LLC
Hello everyone I’m in the process of purchasing a rental property in Idaho I have an Idaho LLC and need to open a bank account but I live in California and they want me to register in California Does anyone have any s...
Ryan Alexander
Question for Veteran Agent/Investor: Best way to set up bank acct
I had a question for seasoned real estate agents/investors: how do you set up your bank accounts?I have my real estate license and just getting into investing and have an LLC. Obviously I’m setting up a separate accou...
Benjamin West
Online rental payment
What system do people use for online rental payments from tenants?
Daniel Alegre
Rent collection services
So i want to select an online service so that rent can be scheduled to be drafted from tenants account rather than collecting checks. Also i like the fact that some of these do credit reporting. Do anyone of you have ...
Stephen Brown
Denied for a Business Credit Card
Hello BP,I set up an LLC for my first property back in December. It is a single member LLC and I quick claimed the property from my name to the LLC's. I will have a separate bank account for the LLC, and I have separa...
Brandon Phelps
Do you have a favorite bank for a checking account?
I have one rental property, and am about to get one or two more. I've got to get official about this business now and am looking for opinions on your bank. I'll be opening an account just for the rental. Obviously if ...
Vincent D.
Investors Take Notice
As profiled in an article on CNN Money (http://money.cnn.com/2012/03/30/real_estate/FHA-loans/index.htm), the FHA is actually taking initiative to make it MORE DIFFICULT TO OBTAIN MORTGAGE LOANS. Even folks with perf...
Eric M.
What do you do with a DUNS number?
I recently found out my company had a DUNS number from Dun and Bradstreet.
Apparently similar to a FICO score but for business credit.(of which I have some)
But it seems that not every business credit provider report...