All Forum Posts by: Jeremy Blackman

BankCorp South does HELOCs on rentals. I believe it is a great idea. Do not hesitate to tap into equity to buy an asset. Proper planning is all you need.

@Dan V. This is a bit confusing

@Cathie Kovacs And What does “amp” stand for ?

@Cathie Kovacs I own a duplex. Do I set up the 2 tenants as separate customers or do I create the property as the customer then sub customer the tenants under the property?

I just got my first rental in November and I’m trying to get my bookkeeping together as the year closes and I Only have 2 months worth of income to track. I’ve been playing with QuickBooks to figure it out which I’m making some progress but not complete yet. I use Cozy to receive payment to my business account. Any tips on setting up QuickBooks or maybe should I use Excel for this short year?

It’s definitely a confidence booster. There is some work when it comes to solving issues but most of all is being knowledgeable to solve those issues with proper education. 

Closed on my first investment property (DUPLEX) on Nov 4, 2018. I am also managing it myself to build experience. Big shout to BP for the useful resources and tools I was able to utilize on my journey. Looking forward to my second deal in the spring or summer time.

@Douglas Skipworth $900 was pretty steep for me with Clostrak

I’m seeking an attorney in the Memphis TN area to establish an LLC. All recommendations are welcomed.

My first rental property and lucky to inherit ok tenants. How should I collect and manage the rent received? Should I get a separate bank account, is there an application, pick the money up or have them deposit it to an account?? Need experienced advice