Christian Nachtrieb
How to Handle Income / Expenses on Property Prior to LLC transfer
Hi BP,Question about a new property I'm closing on Tuesday. My fiancé and I currently own 1 rental property together that's set up in an LLC together. We bought it with conventional financing and immediately transferr...
Jerald A Wilks
Collecting rent from tenants who break leases & vacate
I now have three tenants that have broken their leases and vacated their apartments leaving me with approximately $5K in uncollected rents. I know I can proceed legally towards judgements, the cost of which gets me to...
Dorretta Harrell
Unforgiving Promise to a deed
Hello: any one with advise please respond.My mother and father did not have good credit 35. years ago. So their only son and his wife took out a home loan for them. My mother and father have paid the loan and the deed...
Sergio Moratto
CLOSE TO MY FIRST DEAL$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Good morning BP family!ADVISE: I am making my first deal ... i have all ready found a lender and I am approved for $90 k. The Mortgage Corporation says tha in 3 days they will deposit the LOAN in my Bank account , So ...
Rolanda O'Bannon
first rental property
Hello everyone! I am about to purchase my rental property. It is a duplex that I planned on house hacking but it is currently being rented out. So, with me just buying it, what do I do with the rent, where do I put mo...
Eric Hathway
How to provide proof of funds to seller when I have line of cred
This is my first BRRRR. I'm offering cash on a foreclosure and the seller wants proof of funds. I have a home equity line of credit which I set up for this purpose with a more than sufficient limit.Should I provide th...
Brandon Crumpton
credit score
After buying a home or property does your credit score drop significaly? Is there a big drop in your score?
Westin Hudnall
Renter Property Management For Dummies :
This dummy has not used any application to track rental income/expenses etc. I am thinking about looking Into quickbooks to help track the numbers on my buy and hold portfolio but I don't know much about it.In lamens ...
Paul Brogan
Soon to be landlord in SoBro
Hey Everyone!My girlfriend and each own our own homes and are only 3 blocks apart. I'm currently flipping my house to live in at 51st and Norwaldo and once that is completed by the end of 2016 we would like to rent ou...
Theresa Ross-Gordon
PM software
Hello,I am new to property management...sort of fell into it after selling a 3 flat to my client. BTW, I am also a real estate broker in Chicago, IL. Looking to make life easier than always running to collect the rent...