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Hi, Newbie here. I have a quick question regarding "vacancy reserves". Im having a bit of a hard time wrapping my head around this, but I think its very simple and Im over thinking it. When calculating vacancy reserve...
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We currently bank with Wells Fargo and Suntrust, and are looking to move to a smaller, more personal institution.We have learned that dealing with these larger banks, getting to know folks and earning their trust is ...
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Happy New investors!I currently have 1 commercial property and 1 LTR property. As I'm building my portfolio of real estate I'm wondering what the easiest way to set up bank accounts as well as keeping track of tenant'...
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MD folks, I'm in the beginning stages of my real estate career and need to open business bank accounts. I want an investor friendly local bank that I can build a relationship with. Who do you experienced investors use...
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I made an appointment with a tenant today to do some preventative maintenance. The tenant and I had agreed that he would pay this month's rent in person when I arrived. When I got there, the tenant's girlfriend was ...
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Good Morning all,
I am not close to retirement age, and have a question about my Solo-401k account. It was opened in 2005 when I was self-employed, but have not really contributed to it since 2006 when I took up regu...
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I just closed on my first duplex. It already has tenants in place which I plan to leave in place. They are currently on month to month leases. What is your method of collecting rent? Do you take check or money orders ...
Hello All
looking for any referrals or suggestions for a CPA in Tacoma area and also any hard money lenders you might be kind enough to pass along.
Thanks
Gared
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Hi,I lent some money to 3 people last year as a private lender. I told my tax accountant that it should be considered as passive income to offset the passive loss from my rental property. But my tax accountant said it...
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I have tried out so many credit repair companies over the years and there is always a new one promising to get you to 7-800 scores in months.. I would like to get some true tested ideas or companies that can really ag...