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I am trying to find a tenant by myself although in the past I have used realtors. Please tell me about any good and user friendly tenant verification/credit check websites that you use. I think It would be great to ...
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Hello Friends, As a rental investor who prefers to manage their own properties, finding the right tenants can be a daunting task. However, with the help of software like Turbo Tenant, the process can be made much easi...
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What should be in this packet after purchasing a multifamily?
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First time poster here. Hi everyone!I have designed a direct mail campaign to hit 5+ unit owners in a target city near me and I am running into a roadblock. I have my farm of addresses and owner information but I have...
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For purposes of calculating a Debt to Income ratio for a Fannie or Freddie loan, does the premium paid each month on an over funded Life Insurance policy (IUL) count as debt? Or do you only count the portion paid for...
Can realtors/agents/managers share or show a tenant's credit report with the homeowner or landlord who has his/her house for sale?
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Hey BP folks! This is my first post here. Been learning and reading as much as I can given (a) no commute whatsoever to listen to podcasts on, (b) my family responsibilities, and (c) a day job that takes 40-60 hours ...
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I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
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Hi All,I know that when you receive a prepaid rent, you treat that as an income on the year that you receive it. However, what if you use the property manager, and they are the ones that receive the prepaid rent and ...
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This is my first full year as a rental property owner, and I am doing my own taxes. I received a 1099-MISC from my property manager showing the expected amount in Box 1 for rental income, and about $1200 in Box 3, "...