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Hi BP, I wanted to ask if anyone has experience with or insight on the ease or difficulty of getting an interest only loan on a commercial multifamily property? What does it usually take for a lender to agree to these...
I was able to increase my credit score over the time of a few months by using a service called RentReporters. Overall my score went from 642 to 800!This in turn saved me a lot of money on my mortgage for my dream hom...
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I have a list of several properties I may buy as rentals which have easy potential to become top-down duplexes (i.e. basement apartments or mother-in-laws). What do-diligence is needed to ensure subdividing the proper...
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What strategies do people use to increase rent if a tenant is staying in your rental and wants to stay longer.I have a townhome with 4 friends staying in it. They are pretty good and no issues. 2 of them are moving ou...
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What software do you guys use to track rental income and renovation costs.
The options I can think of are Quicken or Quickbooks.
Any know the pros/cons of these or other software packages?
Thx
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Hello all! Frequent lurker here, decided to join in on the conversations. Here’s my current situation.I’ve been flipping homes full time since 2013. In between flips, I’ve purchased 12 SFH with cash. I have 9 of these...
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Hey guys just a newbie here needing some advice.So I'm currently under contract for a small multi-family in Davis County, Utah which you Utah folks already know is about 30 minutes north of Salt Lake City. There are c...
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I have concerns that the market may be peaking and reaching a point where values will begin to decline. What sort of strategies might be of good use in a declining market? I have thought I could buy and hold until val...
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I currently have a rental property for sale. I spoke to my accountant about doing a 1031 exchange. His advice was pretty simple. I can pay the known tax rate of 15% today or hope that the tax rate doesn't increase and...
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Hello everyone, I am a new wholesaler and have been doing some market research, driving around checking out properties talking to home owners etc. I've even made just a few offers but nothing yet. I feel I do understa...