Angel Barre
Unfair NSF charges/fee
I have a question. I set up direct debit payments through my property management company for my monthly rent. Rent is due on the 1st and late by the 5th. I’ve never had any issues paying rent on time. However I notice...
Kathy Moser
Landlord Requesting W-9
Hey Real Estate Mavens,I'm hoping to buy the house I am renting this year or next. My landlord just sent me a lease renewal and included a W-9 Request for Taxpayer ID. I've never had this request before. I understa...
Bruce Lynn
Deposit Insurance with companies like SayRhino?
Has anyone used a company like SayRhino for deposit insurance? How has that worked for you?Any other competitors or better options? Seems like one month rent often doesn't cover the damage some tenants cause.
Joseph Niedermeyer
Do you set up a “maintenance company”?
For those that do fix and flips or do maintenance on your own properties, do you set up a separate “maintenance company” for the purpose of owning and replacing tools and equipment?
N/A N/A
Mortgage Company Blues
I paid off a mortgage in 05 (one year ago). About a month ago the mortgage company sent me a letter saying I owed them $1400 because they inadvertly applied someone elses payment to my account in 05. They said the p...
Art S.
S-Corp purchasing rental property - needing cash out line credit
Hi all - here is my situation. I am a 100% owner of an S-Corp for the last 2 years. I made some money in advertising. Now that is winding down, I am looking to get into real estate.The funds are currently under the ...
Kim Grennan
CPA / Tax Strategist in Arizona
Hi fellow BiggerPocketers! I was wondering if anyone could give me a good recommendation for an accountant in Arizona (ideally near Scottsdale) who understands real estate investing and small business tax strategies. ...
Devan R.
Tenant Screening Websites
Wife and I currently have 1 rental property in Missouri in which we have a property manager. We are getting ready to rent out our current home in Florida as a 2nd rental as we're building a new home and closing on...
Jeff McNutt
Should I use Cash or bank loan
I am closing on my first rental property. A few issues have come up from the lender. Here is the break down.
Rough estimate
Purchase Price $31,000
Down payment $24,500
Lender 30 year fixed 5%
I started an LLC and h...
Elsa M.
Landlord paid expenses
Hi everyone, quick question, once the rent is paid, what do I do with the money from "variable landlord paid expenses" (calculated by BP rental property calc) like Cap Ex, repairs, vacancy etc..? Do I open a new acc...