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Off-the-wall question for all of you who collect your own rents ...Is anyone using the Square point-of-sale device to collect rents via credit or debit card?Just wondering if that would be a viable option.
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Hey BP Community - My employer does not match 401k contributions so I'm considering abandoning the contributions altogether and instead investing in something like the SPY ETF on a regular basis. I'm curious if anyone...
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I've been using Cozy for rental applications and rent collection for years. Now that Apartments.com own Cozy, I've already stopped using their application functionality and I'm worried about how rent collection will b...
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I'm looking for some constructive feedback on whether this makes any sense or not. I am looking to purchase a 12 unit apartment building in Ohio and I am putting no money down out of my pocket. I have done the analys...
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For those of you who haven't already heard the news, there is SDIRA-Killing Legislation in the House Tax Bill. Tax Attorney/Investor John Hyre, has put together a website that describes the impact of this bill on all ...
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I just got a HELOC on my investment portfolio, so I can buy my next building with "cash".
I dumped all my operating funds in my HELOC to minimize the interest.
Now, I get a wrenching gut feeling that this HELOC can ...
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I currently own two rental properties and usually collected rent on a contact basis. Each time the tenet would call and say I have the rent when ever you ready to pick it up.
Now, on the Lakewood property this has b...
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How do you guys go about paying an individual for work performed? For example I know Joe Nobody that does plumbing work, and he does a great job. Can I offer him a side job, if so how do I pay him and account for it...
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I have a lease where my tenants should pay with a check or through a website. They paid me with cash once before, How do I deal with something like this when your tenant is trying to pay you with cash?
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $192,000
Cash invested: $192,000
This home was purchased with a self directed IRA owned by a LLC. This home was br...