Brendon Chui
Best Places to Obtain Rental Information
Hi All, I was wondering if anybody had some reliable resources to get an idea of potential rental rates for Canada? I know Craigslist and Kijiji are 2 sources. Are there any more professional websites that can prov...
Kenneth C.
Report Judgement to Credit Bureaus
BP,I hope everyone is doing well. I'm looking for some solid leads re: how to report a judgement to the credit bureaus. Have you had experience with this? If so, did you use a collections agency or did you do this on ...
Praveen Van
loan without impacting credit score/history (DSCR loan)
Hello BPs, I am newbie here and have a question related to DSCR loan. I own multiple rentals (with conventional loan types) and its getting tougher for my next big rental ($2M property) which I am going to purchase th...
Michinori Kaneko
prepaid rent tax treatment
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 ...
Isaac Jordan
Owner's Financing & Loan Servicing Companies
Good evening All,I have a property that I am looking to sell by offering owner's financing. The remaining mortgage balance will be paid at closing by the buyer and the remainder that we've agreed will be offered as ow...
Olivia Piper
Report owner distribution for passive rentals on Schedule E?
I own a couple rental properties in a single member LLC. If I need to withdraw some owner's capital, which as far as I understand is not a taxable event, should I report it in Schedule E on tax return? If yes, how do ...
Mark Hart
FedEx Major Investment Programs Will Be A Boost Memphis Economy
Memphis-based FedEx Corp. announced three “major programs” that would total more than $3.2 billion in investments as a result of The U.S. Tax Cuts and Jobs act.According to the Memphis Business Journal These programs ...
Chris Krull
Zombie mortgage haunting
Without getting to far into the weeds...I had to file bankruptcy (chap 13) in 2015, in which I surrendered a mortgage. Fast fwd. to today. I am 7 months out from discharge and preparing to re-establish bmyself and mak...
Daniella Hernandez
Tenant Deposit. Water Damage. Negligence?
I am a new real estate investor. I just had my first tenants moved out after renting my first unit for 15 months. A few months ago, they reported water damage. By the time I was notified the whole master bedroom lamin...
Tim Johnson
Background Checks
Hi BP! I'm looking for a better option for back ground checks. We currently use Buildium and use their $15 tenant screening. We enter the information, the tenant gets an email, approves the application, and then we...