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The tenants of a new property I just acquired asked if they could pay their rent via Venmo. Now I'm considering offering this option to all my other tenants. I have not used Venmo much so I'm not too familiar with i...
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If I start a LLC , will I be able to obtain a mortgage through the LLC , although there is no established credit yet?
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Closing at the end of the month on my first rental property. It's a duplex and wondering if I should encourage tenants to set up payment online. Was looking at sparkrent.com, it is only $1 per unit/month.
Has...
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Hello BP,If I have a non performing 1st lien note, may I contact the borrower to negotiate a payment plan or workout plan without having a mortgage broker license? Would I be able to change the terms of the original c...
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I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
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We are exploring the options of buying all our properties through a Title Holding Trust, or individual THT for each property. Curious if anyone has a complete checklist, doc templates, etc. for us to review. We will e...
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I currently own a rental property out right that I would like to refinance to get my cash back out of it for another purchase. I would like to put the property in an LLC when I do for liability reasons. However, my re...
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I know, I know..holding a rental property in s-corp is generally a bad idea. But it was done this way by my parents.So my family members' s-corp holds a rental property. And after researching for some time, I realiz...
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What are people using to collect rent electronically these days?
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I have three buildings going online, with a total of 40+ additional units across all three added to my current portfolio. I am thinking Tenant Cloud would be better suited than Cozy. Buildium and Appfolio is just too...