Jill Herges
background check software
What company or website do you use for background checks that doesn't require the renter to do anything themselves? I already have all the information, but the websites I am finding want me to send emails to the tena...
Demetri T.
How to categorize cash receive in refinance- bookkeeping
I've got a commercial property we just refinanced, held in an LLC. Part of the result of the refinance was extra cash. My questions seems simple but it is just evading me. As I am entering the transaction in my bo...
Seidy Lasker
Flipping Property in S-corp
If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?
Nate Lockett
Real Estate Asset Management Software
HI All,I am currently looking into some sort of software that can show me the performance amongst all of my real estate investments. Ideally this tool will show me high level data like Monthly Revenue, Expenses, etc. ...
Ronda Doxey
Owner Finance wraps and capital gains
If you are selling a rehab as an owner finance, do you have to take all the capital gains in the year you sell it? I have heard both yes and no. My CPA is hesitant and says I need to take the gains all upfront but tha...
Jarrod Murrell
Tenant screening process
What service does everybody use for background and credit checks during the tenant screening process?
Personally, i listed my rental with an agent, and he took care of that for me. Im trying to gain a little more in...
William Hull
Americans’ house-buying power down
Houses are becoming harder to buy thanks to mortgage increases that occurred after the election. December statistics saw a decrease in house buying power, as reported by First American's Real House Price Index, this d...
Amy Parra
Will a hard money loan affect your debt to income ratio?
I plan to use a HELOC to buy my first property with cash in order to BRRRR. I'm wondering if this will affect my ability to refinance the property since it will give me a higher debt to income ratio.
If I use hard m...
Jason Friday
Quick Books accounting tool for property flipping
Hi,Will appreciate any feedback from the folks who are already flipping the properties, How do you set it up in QuickBooks and is QB is capable to let me run the report and show how much I gain or loose on each proper...
Eddie Pitts
Credit Repair
Hello all, I am working my way back into real estate investing. I lost all of my rentals back in 2011 due to foreclosures. What strategy should I employ that can help in improving my credit.