Matthew Reid
Our Books are getting crazy Fast How do we Manage this???
Yo Bigger Pockets Team, our business is growing like a stinking wild fire and our books are quickly becoming more and more of a problem. In the past one of our assistants and I have tag teamed our books. However, we...
Zach Barber
How to overcome Credit Check impacts
Im 21 and don’t have a very long credit history to begin with. I got started with real estate about two years ago. Since then I’ve bought one duplex, I bought my own house and also applied for multiple credit cards (w...
Kenneth Burke
Is it dangerous to mix business-personal finances with LLC ?
I recently refinanced the mortgage on my primary residence and combined the loans I took out to purchase my investment properties. I have three single family, long term rentals with separate LLC's and business accoun...
Vincent Franzese
Keeping Good Finances
Hi All,
I'm new to BP, but very excited to have this as a resource moving forward!
I am looking for the best option for financial accounting for my rental properties, but not willing to pay for a service like quickb...
Account Closed
What degree would be useful for real estate investing ?
I have a GI bill and I get out in January! What degree would be useful for me to take in college? Thank you in Advance
JD Martin
Pre-paid rent - taxable in the year accepted or year applied?
Good afternoon all!Before I do my taxes, I have a unit in which one of the tenants (a college student, parent paying) prepaid their rent for the first 6 months of 2016 in late December. Should I claim the income based...
Patrick Menefee
Factors affecting conventional mortgage origination
Hey all,Looking at 2 potential investment properties and trying to evaluate some of the criteria a lender would use to underwrite me. As a starting point, i have a mortgage on my primary residence. The first house i c...
Jonathan Krauser
Terminating a VRBO and Airbnb property manager
I have a friend who has been using a real estate agent to manage his property with VRBO and Airbnb. They are unhappy with their agent and want to switch to another one. Unfortunately for the owners, the real estate ag...
Account Closed
Closing on my second 4-plex today!
Closing on my second 4-plex in Cedar Rapids, IA today! Listed at 144, I picked it up at 135k, with a total loan balance of 127k. The seller is also giving me 1.5k at closing for cosmetic repairs, so I'm only putting...
Kerwin Cabrera
Loan secured by note
I've heard that you can take secure a loan against a note that you own. Is that accurate? If so, do all banks do that, or rather which banks do that? Also, will banks lend to purchase a note and have that loan secur...