Hi, I live in Charlotte, NC and I am brand new to house hacking and real estate I have 4 rooms in my house to collect rent from and I am looking for the best software/way to collect rent/manage the property. I need a ...
Hey BPers...I need some help tonight. I'm looking at purchasing a SFR from a friend and we discussed two options. The asking price is $85K. Rent is $850/month and the tenant has been there for about three years. Good ...
I will be purchasing my first property in the next month or two so I want to set up business accounts with my bank to keep all of my REI money separate from personal money. I've read all the arguments for and against...
Doing a cash-out refi. The lender said terms would be more favorable with taxes/insurance put in escrow. Sounded good until the paperwork showed that 11 months of taxes and 10 months of insurance would be included in ...
Ask them when the last time they took a course in tax theory was. A CPA is not required to take any CE in taxation after they have their license... So please do your due diligence as well. I know some very good CPA ...
Hello everyone. I am looking for the best website to run a check on tenants prior to them moving in without spending a lot of $$. Anyone have any advice? Thanks
Hoping I can get some help with a question I had come up today.This will be my first property to make a purchase offer on. It is currently listed on the MLS and I have already been out to see it. I'm not working with ...
How do you make sure you are not getting scammed by a fake cashier's check?
Invested in a stable value fund that maintains a stable net asset value for preservation of capital. Supposed to be safe but in talking with one of the advisers he informed me they had a large position in AIG before t...
Is it normal for a property manager's agreement to take the tenant's security deposit and hold it for the life of the lease? A PM I considered stipulated this in the contract. It also put the liability on me to pay it...