Ben Bakhshi
Should I expense tax and insurance escrow payments monthly?
This is a bookkeeping question.Every month we make a mortgage payment which includes: Principal, Interest, and Tax & Insurance.I split the payment in Quickbooks Online, so every month our mortgage goes down, plus ...
Sam Erickson
Concerned about Securities Law when seeking Private Money?
I'm looking to grow my business and start implementing private lending. Up until this point I have flipped with my own funds or with partners.I have a few leads on possible private money guys. I have created a .pdf f...
Mike Curadossi
Rehab, Rent, Refinance... What to bring to the banks when refinancing?
Hello everyone,I am looking to start approaching banks that do portfolio lending to refinance out of a few rehab and rents. I have purchased these properties using hard money lenders and have owned one of the propert...
Andrew Earle
Looking to do a successful BRRRR...
Hey All! So right now I have 7 doors, 3 rehabs in process and a new duplex construction half way finished. Needless to say, juggling financing between private investors, HELOC loans, HMLs and new construction financin...
Lashawn McCauley
Using Hard Money at Auctions
Can someone explain how they've used an hard money lender to purchase a property at an auction? Please elaborate how you identified the property(ies), informed the lender of your target properties, and what were the l...
Maxwell Sheppard
What to do with a large Grandfathered in outbuilding
Three years ago I purchased a single-family home in Wisconsin in the middle of a small city. It is a very unique property due to the fact it sits on an acre lot with an old 30 x 30 barn built in 1950. I purchased this...
Kyle Mccaw
Fort Worth, TX - Fix & Flip
Investment Info:
Single-family residence fix & flip investment in Fort Worth.
Purchase price: $110,500
Cash invested: $5,000
Sale price: $225,000
Purchased and rehabbed with private money fun...
Nick K.
Holding Deposit / Tenants Backed Out
I'm renting out a SFR in California. I had a young couple apply and pass the screening process. I offered a lease and they accepted. Because the move-in date was still a ways off, I offered to take a holding deposit/f...
Eddie Ziv
Is Capitalism on a self-destruction track?
It seems to me that the old principle of fair exchange of products and services for money is all but gone. It became a feast of greed where the name of the game is "I am smarter than you and therefore, I can screw you...
Tony Murphy
Tenant wants niece to move in
We've had a fairly good tenant (single mom with 14 yr old) renting out an apt in our duplex for the last two years. I got a call that she wants her niece (18yr old) from Texas to move in short term for a few months u...