I spoke with an accountant who recommended I compare a 5/1 ARM vs a fixed rate loan in a spreadsheet. They said many times the ARM is the better option since less money goes to interest and you get lower payments whi...

I am in the midst of orchestrating utilizing capital from partners and/or private money with notes to submit cash offers for properties. Do I have them create a letter of intent with a defined figure representing t...

I applied for a mortgage loan through a local broker that was referred by my realtor and was instantly Pre-approved because I have pretty good credit. I now have to provide the routine documents  (W-2s, pay stubs,  ta...

Hi,We have been with Citibank for past 15 years. The kind of interest what they pay for savingplus account is 0.10%Wondering if we can move to another bank where they pay better interest rate on the savings account.I ...

Hi, there! I’ve owned some properties for a while, and they all rent out. But now I’ve got a problem. It ‘s too hard to track every rent payment cuz these rooms are rented out to different tenants. Some of them pay me...

On Saturday we took the Family out for a walk around our town and took selfies with 23 different houses.We picked these particular multi-family houses since they had absentee owners and were near parks and have a nice...

As the title suggests, I am a mid-size Realtor/Property Manager in rural Batesville, Ar.We manage roughly 400 properties and have started to re-shape how we choose to manage our properties. We represent the Landlord i...

My business partner and I currently hold an investment property in our names via an unsecured note. Our initial financing attempt through the broker channel collapsed a week before closing, so we pivoted to a local ba...

I purchased my first property back in 2018; the monthly mortgage payment is $1300 (which includes interest, principal, property tax, and insurance). I leased the property a month after the purchase for $1550 a month (...

Hey Guys!

This is going to be quick- I promise!

I've been told and read that when forming an s corp owners must be paid a reasonable salary and can't just let all of the money pass through and be paid as a dividend...