Nathan Gesner
Do you deviate from your process?
Applicant views a house we just listed. He's very interested and has "cash in hand" to move in today. I know this guy personally because he applied to rent from me a couple years ago. He had a good application but dec...
Raj Gandhi
Shift taxable personal income to business
For purposes of reducing my personal taxable income, is it effective to run rental income & expenses through a business? I need some of the rental income for personal household expenses which would be a salary (r...
Account Closed
Canadian wanting to buy in Florida
Hi,I’m interested in buying a condo in Orlando for both personal use and short term rental, possibly long term. Need some direction where to start, please and thank you!Cross border mortgage looks challenging, and oth...
Eric Kelly
Furnishing an Air bnb
Looking to add a rental to my portfolio but am coming to the realization I may need to furnish the new rental due to the market not having a lot of turnkey properties at this time. Is it possible to add the furnishing...
Anthony Simboli
Income & Expenses Software
Hey BP! I made a similar post about file sharing but now am looking at suggestions where people track finances, in particular their income and expenses. Do you have a one stop shop for all your finances, do you use it...
Donny Random
Screening Tenants
For those that do their own tenant screening, how do you evaluate a credit report properly? Do you just go by the FICO score or do you also factor in negative tradelines?
Brian Pleshek
TransUnion Smart Move
What is your opinion of Trans Union Smart Move credit and background check service? Has anyone used it? Do the reports give sufficient information to make a good decision?Do you collect the $35 from the tenant and r...
Quinn Kiet
Were "kick backs" commonplace as anecdotes make th
Not talking about the YSP or Origination that's disclosed on the HUD, but just plain ol' fashion cash under the table or "gifts" on your front door type deals.
Blogs and forums make it sound like every top producin...
Lance W.
Need advice with financial future
Here is my situation. Me and my wife are 27 living in western,ky.We are about to sell our house in the near future to a relative. We will have right at $40,000 after the sale. We have not made very good financial cho...
Robert M.
Certainty of DSCR lending?
I have the opportunity to purchase two short-term rental properties that will perform very well. I’ve been looking for this exact property prototype for almost a year, so I hate to pass them by. That said, I am also...