Josh Calcanis
Best Business Bank Account for REI
Morning BP,After 3 years of investing and 6 doors, I'm going to start treating my REI as more of a business. This includes doing a much better job at book keeping. I thought I was doing a good job until I went to my C...
Kerns Churchill
Travel Expenses and Tax Deductions
Hi Everyone,New investor here. Just bought a SFR rental in Mesa, AZ and I am already doing some tax planning. I live in California, so I plan to drive to my rental property and I had a question regarding travel expens...
Lyuyuan Zhao
Credit Cards? or No Credit Cards at all?
Hi all,I'm 19 years old and I have never had a credit card in my life, and I don't feel the need to get one any time soon. However, I want to eventually qualify for loans so I can start investing. Though no credit car...
Michael Healy
Best business account?
What are your thoughts on the best banks for rental business accounts?
For personal I have a big national behemoth but am thinking of a couple different options:
1. The same big behemoth for ease of use and consolid...
C Rich
Have you ever offered cash, but funded with a CC?
For most properties, lenders won't do a deal if a property needs work. Choices are HML or local banks. If you didn't want to deal with that, but have good credit and a 'charge-a-plate' (hee hee), have you ever purch...
Account Closed
Simple bookkeeping advice
Hello everyone a complete newbie here, and about to close on a property soon. I was wondering if anyone had any advice on keeping track on income, expenses, Net operating expenses, Net operating income. I've seen some...
Luis Crespo
Unsecured/ Secured Business Credit Cards
I now have 5 credit experiences in my business credit from Net 30 accounts and wondering how to proceed in applying for business credit cards. Anyone know the best business credit cards to apply for, for both unsecure...
Kyle N.
Lease option to sell my rental
Hey BP!Here's my situation:I own a house that I owe $30K, and it's worth $65K. My renters want to buy it, but are not in a financial position to get a mortgage (down payment and credit issues) I would love to sell i...
Account Closed
No doc loans with great credit and down payments
If a person had the credit and down payments could they buy properties with no doc loans? If so what kind of down payments and could it be done thru a LLC?
Account Closed
Conventional Bank vs. Credit Union
I'm curious what other folks prefer for a business account - a credit union or a conventional bank. I am thinking of moving accounts and have been thinking about the good and the bad.It seems credit unions are more co...