Tom R.
when am I required to return deposit from a broken lease.
My tenant is moving on short notice with 5 months to go on her lease. when am I required to return her deposit?
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...
Mike Jones
Making mortgage payment after transfer to LLC
hello.
I had a property under my name transferred to a LLC. The real estate taxes bill have changed to reflect the LLC. Now I need to start making mortgage payments, and was going to write a check from the LLC. Will ...
Matt Aspen
Can you get a loan when purchasing real estate with Roth IRA
Hello,We're looking into purchasing a 2nd investment property, this time using our (wife & I) Roth IRA founds. The properties I'm looking at cost more the we have (combined) in our Roth IRA accounts so wanted to k...
Jacob Homan
Best local bank for business/investing
Hi,We were just curious if anyone has a good recommendation for a local bank or Credit Union for a business account and for possible investment loans? We would like to establish a relationship with one locally here i...
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...
Sun Chen
rental property cash out
if the rental property is no debt, and get a cash out refinance, the interest I paid on the cash out refinance, is it tax deductible on this property ? CPA said the cash out is tax deductible if the cash I get is use...
Sean M.
credit line vs refinance what's the difference
I brought for my 1st rental and plan to brrr it. A bank is willing to give me a line of credit on the house. What's the difference between a line of credit and refinance? What's the pros and cons.
Ryan Dossey
Why not make a directory section?
I think there should be a directory where people can search for what they need. I see people all the time looking for X in _______ area. It would be very nice if we could search for the expertise people on this site p...
David Leander
Local Banks. Is THIS the difference or a red flag?
Looking to fund our first BRRRR deal. Talking to several banks about HELOCS. At this point, we're in serious talks with only one true local bank. The rest are bigger. All other banks are running the numbers, telli...